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
25
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] 【C8】
选项
答案
M
解析
根据句子结构可知,该空缺少和nervous并列的形容词。由下文中的…when they are in anoptimistic frame of mind…可推知,此处应是讲pessimistic frame of mind的情况,故备选形容词中的pessimistic“悲观的”符合句意,[M]为答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3762122.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
Peoplewithdisabilitiescomprisealargepartofthepopulation.Itis【C1】_
Mostpeopledon’twakeupinthemorning,combtheirhair,andwalkoutthe
Herushed(danger)______acrossthestreettocatchthebus.dangerously修饰动词应该用副词
制作统计图时要求()A.纵横两轴应有标目,一般不注明单位 B.纵轴尺度必须
男性,44岁。因高处坠落多发性骨折并发急性呼吸窘迫综合征(ARDS),骨折已处理
日本国名意为“日出之国”。国家政体为议会君主立宪制。天皇为国家象征,无权参与国政
患者。女,31岁。3年来怀孕3次,均不足3个月而流产,听力减退,带下清稀。腰部酸
(一)资料 2020年3月,某审计组对乙公司2019年度的财务收支进
关联购销类的关联交易主要集中在()的行业。A:资本密集型B:劳动密集型C:技
我国《保险法》在投保人违反如实告知义务的主观要件上采取的是()原则。A.过失责
最新回复
(
0
)