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
18
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
【C3】
选项
答案
H
解析
由上文的Such increases in the margin rate is a confirmation of astrong stock market and since 1989,such increases have resulted in interimmarket highs over twelve months later(从1989年至今,保证金率的提高曾经在12个月内令股市再创新高)可推知,本句的句意应为:显然,不可能保证这种情况会再次出现。备选名词中的guarantee“保证”符合
转载请注明原文地址:https://kaotiyun.com/show/pOQ7777K
0
大学英语六级
相关试题推荐
Aroundtheworldmoreandmorepeoplearetakingpartindangeroussportsandactivities.Ofcourse,therehavealwaysbeenpeop
AmazonisfacingabattlewithUKpublishersasitseekstosecuremoreadvantageoustermsinitslatestroundofcontractnegot
Somepeoplemayovereatbecausethey’reunabletotasteand【B1】______thefatinfoods,newresearchsuggests.Peoplewhosemouth
A、Managersshoulddemonstrategoodbehaviour.B、Managersshouldincreasefinancialincentives.C、Managersshouldencourageco-op
A、7.4%.B、6.4%.C、7.7%.D、6.7%.A细节题。根据短文中China’seconomyexpandedby7.4%intheJanuary—to—Marchperiod(中国的经济在1月到3月期间增长了7.4%)。可
A、Theconcertisboring.B、Thewomandidn’tkeepherpromise.C、Themanbrokehispromise.D、Theywaitedforeachotheratdiff
Theincreaseinglobaltrademeansthatinternationalcompaniescannotaffordtomakecostlyadvertisingmistakesiftheywantt
A、Trouble.B、Youthfulfeeling.C、Companionship.D、Pressure.B短义提到,交换生使老年人感到年轻,所以给他们带来的是年轻的感受,故B为答案。
TakingVacationsExperiencesan82PercentIncreaseinJobPerformanceA)Thistimeofyear,manyEuropeansarelookingforwardt
A、Karenisveryforgetful.B、HeknowsKarenbetternow.C、Karenissuretopasstheinterview.D、Thewomanshouldhavereminded
随机试题
行走于桡骨茎突桡侧腱鞘内的肌腱有
俄国文学史上第一位抒情诗人是___________。
陆游《关山月》:_________,厩马肥死弓断弦。
患者男,9岁。因“发现双颈部包块1个月余”入院。患儿近1个月来双颈部包块,进行性增大,以左侧为甚,无发热、咳嗽、胸闷、腹痛、乏力、消瘦、盗汗等症状。入院查胸片,肝脾B超均未见异常,颈部淋巴结活检病理报告:霍奇金病(淋巴细胞为主型),骨髓活检示幼稚淋巴细胞占
换热设备结构简单,制造方便,易于检修清洗,适用于温差较大、腐蚀性严重的场合的换热器为()。
一般说来,学习动机并不是通过直接进入认知建构过程,而是通过某些中介对学习产生作用的,影响认知建构过程的中介有()。
一个班有50名学生,他们的名字都是由2个或3个字组成的。将他们平均分为两组之后,两组的学生名字字数之差为10。此时两组学生巾名字字数为2的学生数量之差为:
法兰西第三共和国
简述《中华民国临时政府组织大纲》的特点和历史意义。
Thespeaker’s______answerledtoanoutcryformtheOpposition.
最新回复
(
0
)