In normal times (with no recession), an investor would expect to earn higher returns by investing in a ___ fund than in a ___ fund.

If we exclude the 20% of items that experienced the highest inflation and we also exclude the 20% of items that had the lowest inflation (deflation), this would be a way of calculating the ___.

Howard Marks argued that a good part of the reason why high yield bonds can outperform Treasuries even when spreads are tight is ___.

Imagine you expect the 10-year UST yield to drop from 4.3% to 1.0%. This should make you want to ___ gold.

Howard Marks suggested that the spread on a high-yield bond (above the UST bond) should equal the chance of default multiplied by the average loss in the event of a default. Sandy argued that this calculation would result in a spread that was too ___.

If US inflation suddenly (unexpectedly) moved higher, we would expect the dollar to ___ versus other currencies.

In March, the Consumer Confidence Index ___ and the University of Michigan Consumer Sentiment Survey ___.

Usually, if the stock market has a correction (but not a bear market), this happens (primarily) because ___.

A 4-year-old child is brought to the clinic with pain and swelling in the arm. The parent states, “He fell off the bed, and now he’s crying and won’t move his arm.” X-rays reveal a spiral fracture. What should the nurse consider as a priority in this case?

The nurse is assessing a 1-month-old infant during a routine checkup. When the nurse gently lifts the infant’s head and suddenly lets it fall back (while supporting the infant), the infant extends the arms and legs, then quickly brings them back in toward the body. How should the nurse interpret this finding?