Sunday, July 25, 2010
The word of the week this week has to be stress tests, the European banks seem to have come out of the situation quite well even though seven of them failed the tests.
Prepare a short summary of the Guardian article to present to your teacher.
Read the article from the Guardian and answer the questions in the following quiz.
Sunday, July 18, 2010
This week’s article is about the commercial property market in the UK. Commercial property is a very important measure of the state of an economy.
Read the article from the Guardian and then try the quiz which follows this posting.
There is a writing question at the end that you can ask your teacher to mark or send to firstname.lastname@example.org for a response.
Sunday, July 11, 2010
‘Absolute Return’ funds
Mark King’s article in this week’s Guardian warns about absolute return funds, what is your opinion?.
Read the article and work through the exercises below discuss your answers with your teacher.
1 .Which one of the comments below correctly relates to this quote? “Investors should be … disappointed…”
o The market is too low
o This is a perfect time for these products
o The fund managers have been caught stealing money
2 .Which one of the comments below correctly relates to this quote? “The fund is for … long term investors …
o People should get out now, not in one month
o These funds will win over time.
o You have to be sophisticated to make money in this way
3. Match these expressions from the text with their explanations.
1. Tick along nicely
2. Stellar returns
4. chickens come home to roost
5. the jury is still … out
a Very large
b Make moderately good progress
c Very high returns
d The decision has not been made yet.
e earlier actions come back to cause trouble for a person
4. Write an email to your stock broker asking him the following questions.
- Does he have any experience with these funds?
- Would he recommend that you invested in them?
- Which type of investment would he recommend for the short term (less than a year)?
Tuesday, July 6, 2010
Word of the week
The talk of the financial press this last week has been around the idea that the fiscal measures announced around the world are threatening to take us into a double-dip recession. Is this opinion justified or is the market simply playing down the prospects for growth.
Read the Telegraph article and make up your own mind then answer the questions below.
Explain the meaning of the term double –dip recession in a short presentation try to use different words to those in the definition above. Why not start a simple blog with Blogger, put your definition on your blog and then send me a link to tell me about your blog.
Look at the following expressions from the text and the explanations below. Match the word to the explanation.
Words or expressions
1. a slew
2. losing steam
4. to give … wings
6. to rein in
7. claw your way out of
8. tighten your belts
9. prospects are darkening
10. morbid fascination
11. hard landing
12. hammered home
a Characterized by intense activity:
b slowing down
c shockingly strong or hard
d with an impact that may destroy all
e a large number or quantity:
f To help something progress well
g To struggle to escape from
h Something is strongly stressed
i To reduce expenses keep them low
j To slow something down or reduce its effect
k … is not looking good or positive
l. An unhealthy interest in s/th