首页
登录
职称英语
[A]confirmation[I]speculate [B]prudent[J]preoccupied [C]voiced[K]rep
[A]confirmation[I]speculate [B]prudent[J]preoccupied [C]voiced[K]rep
游客
2024-09-17
0
管理
问题
[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
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. [br] 【C5】
选项
答案
N
解析
根据句子结构可推断,此处缺少动词作谓语。上文提到,保证金率的提高表明股票市场很强劲,由此可推知,本句句意为:保证金的增长印证了股市上一年的强劲态势。备选动词中的underscored“印证,表明,强调”符合句意,故[N]为答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3762119.html
相关试题推荐
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
[A]confirmation[I]speculate[B]prudent[J]preoccupied[C]voiced[K]rep
Americanshadalwaysbeenpreoccupiedwithreformingtheirsociety:"withm
InrecentyearscriticismshavebeenvoicedconcerningsexistbiasintheEn
InrecentyearscriticismshavebeenvoicedconcerningsexistbiasintheEn
随机试题
[originaltext]W:Haveyoufinishedthatpaintingforthenewstudentcenter?M:
Manyanelderlyman______willingtocontinueworkingafterretirementsothat
WhatcharacteristicdoAmericanslikeabouttheShakerfurniture?A、Itsornaments
王小姐,20岁,因急性再生障碍性贫血入院治疗。实验室检查:红细胞(RBC)2.1
鲁迅在杂文中创造了许多形象,这些形象是()A.久个体形象 B.类型形象 C
投资乘数=收入的变动/投资的变动=1/MPC。()
建筑物外有围护结构的落地橱窗,其建筑面积应按下列哪一种计算?()A.按其围护
软件测试是软件开发过程中不可缺少的一项任务,通常在代码编写阶段需要进行(请作答此
我国现代牙雕的四大产区分别是北京、上海、广州、( )。A.南京 B.苏州
属医生权利的是A.限制患者自主权利以达到对患者应尽的责任 B.医生用所掌握的医
最新回复
(
0
)