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
8
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] 【C9】
选项
答案
G
解析
由空格前的high可知,该空缺少名词。结合句意:他们寻求低价格/利润倍数和高额______。根据常识,炒股票要追求高额收益率,故[G]yields“收益(率)”为答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3762123.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
Americanshadalwaysbeenpreoccupiedwithreformingtheirsociety:"withm
Americanshadalwaysbeenpreoccupiedwithreformingtheirsociety:"withm
InrecentyearscriticismshavebeenvoicedconcerningsexistbiasintheEn
InrecentyearscriticismshavebeenvoicedconcerningsexistbiasintheEn
InrecentyearscriticismshavebeenvoicedconcerningsexistbiasintheEn
随机试题
[originaltext]M:Hey,Anita!Greattoseeyou!W:Longtimenosee!I’msoglad
按《民用建筑设计通则》要求,下列建筑物底层地面应高出室外地面的说法中哪项正确?(
张某故意伤害一案,被害人李某提起附带民事诉讼。一审判决张某有期徒刑5年,赔偿李某
水泥混凝土贯入阻力试验中,初凝时间对应的阻力为().A.2MPa B.3
在我国,现阶段商业银行可以投资的证券是()。A.权证 B.股票 C.证券投
对于7个月的婴儿,应提供的玩具和游戏材料有( )。A.手工、绘画材料 B.不
不能完全辨认自己行为的精神病人是(),可以进行与他的精神健康状况相适应的民事活动
下列关于个人住房贷款分类的说法中,正确的是()。A.按照住房交易形态划分,个人
A.伤寒、副伤寒 B.布鲁菌病 C.鼠疫、土拉菌病 D.钩端螺旋体病 E
某公司采用实际成本法对存货进行核算,2020年年末盘点存货时发现因管理不善导致
最新回复
(
0
)