EP 0208Global View
Understanding The Stock Market
Sorry to bother you sir, but I have some bad news.
What is it?
Well, the stock market just took a huge plunge and we’ve lost a lot of money!
What do you mean? What happened?
There are many factors that weigh in, but NAS- DAQ is down 200 points, the DOW JONES indicator also suffered! Our portfolio is worth half of what it was worth points week ago.
How is this possible? You are supposed to be talking to our stockbrokers and making sure that our securities and investments are safe and making a profitable return!
I know sir! We didn’t expect a bull market to become a bear market all of a sudden. On the other hand, you still have some high yield trash bonds and government bonds that will give us enough liquidity to cut our loses and reinvest in emerging markets. We could potentially make this tragedy work for us and make us think outside the box.
Do what you have to do! One other thing, don’t tell the rest of the stockholders about this. If they find out, it’s the end of this company!
核心词汇
plungecommon noun, singular
a steep and rapid fall
weigh inphrase
to contribute, especially in a discussion
profitableAdjective
affording gain, benefit, or profit
yieldcommon noun, singular
the amount of something that is produced
think outside the boxphrase
take another look at something
拓展词汇
Dow Jones Averagecommon noun, singular
an index that shows how 30 large, publiclyowned companies based in the United States have traded during a standard trading session in the stock market.
Fortune 500common noun, singular
an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue
Equitiescommon noun, plural
Common and preferred stocks, which represent a share in the ownership of a company.
face value Initial Public Offeringcommon noun, singular
The cash denomination of the individual debt instrument. A company’s first issue of shares to the general public.