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 t
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 t
admin
2022-10-23
29
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 F) overpriced K) speculate
B) guarantee G) pessimistic L) underscored
C) intelligible H) preoccupied M) vicinity
D) invariably I) prudent N) voiced
E) momentarily J) representation O) yields
【C6】
选项
答案
N
解析
动词辨析题。根据空格前的have及之后的名词词组the thought可推断,此处缺少动词作谓语。此处意为:在过去的投资函中,我们一直________这样的思想。备选动词中的voiced“表达,吐露(观点或感情)”可以与空格后的the thought搭配,故N为答案。
转载请注明原文地址:https://kaotiyun.com/show/gQR7777K
0
大学英语六级
相关试题推荐
A、Theyonlyhaveeffectonrealpatients.B、Theyaremoreorlesseffectiveformostpeople.C、Theyarethebestmethodseverfo
A、Theyaregratefulstudents.B、Theyare"brains".C、Theyarehard-workingstudents.D、Theyarefunpeople.A女士说组织者都是些感恩的学生,并不是“
A、Itmightincreaseairportcapacity.B、Itmightlowerpropertyvalues.C、Itmightleadtoeffectivemodificationofexistingje
A、Itmightincreaseairportcapacity.B、Itmightlowerpropertyvalues.C、Itmightleadtoeffectivemodificationofexistingje
A、TheU.S.governmentwillinvestinSTEMeducation.B、STEMstandsforscience,technology,economy,andmath.C、ThemarketofS
A、Itprovidesafriendlyenvironmentforpracticingpublicspeaking.B、Itinvitespublicspeakingprofessorsandconsultantsto
A、Providingpublictransport.B、Solvingtheproblemofslums.C、Nationalizingalllandaroundcities.D、Buildinglegalhousingd
NicolaSturgeon’sspeechlastTuesdaysettingouttheScottishgovernment’slegislativeprogrammefortheyearaheadconfirmedw
A、Toincreaseshoeseriesandoutput.B、Toconsolidatedifferentstylesoncampus.C、Toreceivemoresupportfromthesociety.D
A、hasbeendecreasedlatelyB、hasbeenincreasedlatelyC、hasbeenunderestimatedD、hasbeenoverestimatedD最后一段第1句表明MarkkuKann
随机试题
钢材按化学成分分为()两大类。
该患儿经补液治疗后脱水好转已有尿,治疗12小时后,出现四肢无力,呼吸浅,心率140次/分,心音低钝,肠鸣音减弱,13小时后出现四肢抽动,为明确诊断需要进行哪些辅助检查()
患者,男,38岁,症见往来寒热,心烦喜呕,不思饮食,口苦咽干,舌苔薄黄,脉弦。治宜选方剂
患者,女,24岁。产后大出血,继则冷汗淋漓,甚则晕厥。其病机是
属中医学防治特点的确切表述是
本题中所给资料中,涉及错误之处的有( )。2003年应缴纳企业所得税和地方所得税共计为( )万元。
小聪现在是一名初中生。小学时成绩优秀,并在小学的升学考试中以第一名的成绩考入重点中学。进入初中后,因学习不适应,渐渐地成绩下降到二十几名,考试给小聪的打击不小。从此,小聪来学校时总把衣服的拉链拉得很高,将头藏进衣服里,不愿见人。个人情绪属于()
习近平总书记指出,体育强国的基础在于(),要通过举办北京冬奥会、冬残奥会,把我国冰雪运动特别是雪上运动搞上去,在3亿人中更好推广冰雪运动。
A.Justmycameras,myclothesandsomebooksB.WouldyoumindopeningthebagformeC.Whatisthepurposeofyourvisittot
简论春秋时期公布成文法的历史意义。
最新回复
(
0
)