首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The increase in the margin rate(保证金率)from 50% to 70% was not an attempt to stem any rampant(猛烈的)speculation on the part of the p
The increase in the margin rate(保证金率)from 50% to 70% was not an attempt to stem any rampant(猛烈的)speculation on the part of the p
admin
2016-01-05
15
问题
The increase in the margin rate(保证金率)from 50% to 70% was not an attempt to stem any rampant(猛烈的)speculation on the part of the public— actually the market seemed technically quite strong, with public participation essentially dignified—but rather an attempt by the Federal Reserve Board to preserve the sound underpinnings that existed in the market. Naturally, such a move had a【C1】______chilling effect upon prices but if the FRB had been preoccupied with undue speculation, the increase might have been to the 80% or even 90% level. Such increases in the margin rate is a【C2】______of a strong stock market and since 1989, such increases have resulted in interim market highs over twelve months later. Obviously, there could be no【C3】______that this would once again be the case, but if history is any guideline—and if business and corporate earnings were to continue on the same course—continued optimism over the outlook for the stock market would seem more【C4】______than pessimism.
The margin increase【C5】______the good rise that stocks had enjoyed for the previous year—and the fact that a 50% rate was maintained as long as it was pointed up the fact that the rise was mainly conservative in that it was concentrated in the blue chips for the most part. In past Investment Letters we have【C6】______the thought that speciality stocks could outperform the general market from this point. We continue to believe that this could be the case. For example, steel stocks tend to sell at a certain fixed price/ earnings ratio. Below a certain ratio they are considered good value—above a certain ratio,【C7】______If a company produces a unique product, it is far more difficult for market analysis to place a numerical ratio upon the company’s earnings. We have also contended in the past Letters that the stock market reflects mass psychology as well as the business outlook. When investors—both the public and the institutions—are nervous and【C8】______they definitely hesitate to buy stocks: they seek low price/earnings multiples and high【C9】______These same investors—when they are in an optimistic frame of mind—become far less【C10】______with yields and more willing to pay a premium(high p/e multiples)for accelerated growth. If the public’s attitude towards the auto industry is any measure, then this period seems to have been one of optimism.
A)confirmation I)speculate
B)prudent J)preoccupied
C)voiced K)representation
D)invariably L)momentarily
E)overpriced M)pessimistic
F)vicinity N)underscored
G)yields O)intelligible
H)guarantee
【C2】
选项
答案
A
解析
结合下文的such increases have resulted in interim market highsover twelve months later可知,保证金率的提高证实了股票市场很强劲,备选名词中的confirmation“确认,证实”符合句意,故A)为答案。
转载请注明原文地址:https://kaotiyun.com/show/dOQ7777K
0
大学英语六级
相关试题推荐
A、Visitalocalfamily.B、Livewithalocalfamily.C、Visitotherforeignstudents.D、Livewithotherforeignstudents.A
A、Afive-dayweek.B、1,899hours.C、2,100hours.D、1,992hours.C细节题。根据原文,Thecountryshouldcutdownfromits2,100hoursavera
PrisonStudiesA)Manywhotodayhearmesomewhereinperson,orontelevision,orthosewhoreadsomethingI’vesaid,willthink
A、Shethinksthatthecountry’sproblemsallcomefromoverpopulation.B、Shethinksthatthecountry’sproblemsallcomefromd
A、Rightinfrontthebarbershop.B、Nearthesupermarket.C、Neartheshop.D、Behindahospital.C细节题。根据女士的回答Rightherenearthes
TakingVacationsExperiencesan82PercentIncreaseinJobPerformanceA)Thistimeofyear,manyEuropeansarelookingforwardt
A、Doctorandpatient.B、Daughterandmother.C、Passengerandbusdriver.D、Customerandmerchant.C
HighSchoolSportsAren’tKillingAcademics[A]Inthismonth’sAtlanticcoverarticle,"TheCaseAgainstHigh-SchoolSports."Am
Earlierstudieshavetiedchronicsleepdisordersandlowlevelsofsleeptogreaterrisksofheartdiseaseandobesity,andeve
Earlierstudieshavetiedchronicsleepdisordersandlowlevelsofsleeptogreaterrisksofheartdiseaseandobesity,andeve
随机试题
某家电行业为扩大自己的市场份额,吞并多家小家电厂,以扩大本企业的实力范围,这种发展战略为()
麻黄根与浮小麦的共同功效是地榆与蒲黄的共同功效是
商业步行区进出口距机动车和非机动车停车场(库)距离不宜大于()m,并不得大于()m。
下列关于进项税额的陈述,正确的有()。
()是以法律共同体的长期实践为前提,以法律共同体的普遍的法律确信为基础。
甲、乙、丙三人进行跳绳比赛。A、B、C三人对比赛结果进行预测。A说:“甲肯定是第一名。”B说:“甲不是最后一名。”C说:“甲肯定不是第一名。”其中只有一人对比赛结果的预测是对的。则可推出甲是:
秦律中出现了一些新的刑罚种类,其中判处犯罪者向官府缴纳一定数额财物或服一定期限徭役的刑罚是()。
阅读下文,完成下列问题。约言之,藏书的当能铸冶治学的风气,影响学风,学术思想的活跃,学术思想的活跃又进一步学风,并给著述提供津梁。战国时期学术的百家争鸣的出现,无疑与图书事业的发展有千丝万缕的联系。。梁代萧绎出任荆州称帝江陵,,招致饱学之士如林,使
表达式2*4^2-2*6/3+3\2的值是______。
WhatmeasureswillIndonesiatakeinordertoputoutforestfires?
最新回复
(
0
)