Word: alanes
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...nations meet the Maastricht Treaty criteria on debt, deficits and inflation that underlie the currency union. Bundesbank policies can help or hurt plans by many countries, including Germany, to meet the criteria by boosting economic growth. But more important, Tietmeyer's mere utterances, like those of his U.S. counterpart, Alan Greenspan, can move markets or puncture investor confidence. His blessing of the euro venture would be a welcome seal of approval, but he could waylay the entire program if he declares its underlying fiscal arrangements to be flawed, and he could hinder the entry of any nation he feels does...
...years past, when the rest of the world talked about the U.S. economy, the focus was usually on Federal Reserve Chairman Alan Greenspan. This year, thanks largely to Greenspan's prudence, the conversation is almost certain to change. As the U.S. rate of inflation idles under 3%, the debate in Washington is shifting back to the fiscal side of the ledger. Enter Treasury Secretary Robert Rubin, first among equals on President Clinton's economic team and one of the few faces in the Administration that Wall Street considers...
...dealing with his most productive fund raisers, Gore can be as attentive as a social director at a vacation spa. Alan Kessler, a lawyer from Philadelphia who helped raise $5.5 million last year, is practically a pen pal. When Kessler's wife last gave birth, there was a congratulatory phone call from Gore. When his son was recovering from knee surgery, there was a note. Another note marked the Bas Mitzvah of Kessler's daughter. And when her ninth-grade class visited Washington, Gore arranged a tour of the White House and posed for a group photo...
...everyone applauds the Fed's inaction. Stephen Roach, chief global economist for Morgan Stanley, thinks higher rates are sorely needed to slow the economy and keep the bulls in their place. Fed Chairman Alan Greenspan said last December that the stock market was showing what he called irrational exuberance. Roach wants Greenspan to strengthen that warning when the Fed Chairman goes before Congress this week...
...film producer, favors stocks that yield sizable dividends, even if that means missing more glamorous performers. "I'm totally diversified, and I sleep very well at night," Freedman says. Such investors wisely run neither to nor from the bull market, but have learned to ride its up and downs. Alan Sunkel, a glassware entrepreneur in Kansas City, Missouri, recently shifted 10% of his $250,000 portfolio from stocks to money-market funds, lowering his equity holdings to 65%. "I'm worried about the market pulling back," he says. "But I wouldn...