Word: barrelfuls
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Traditionally, of course, less sophisticated investors do just that. Their usual pattern is to barrel into a bull market during its later stages; thus, as a group, they invariably lose more money than they make. They may fall into that trap again this year, but most of the street-wise institutional investors who brought this year's bull market to life believe that it still has plenty of steam for everybody...
...series of coalition Cabinets involving Republicans, Social Democrats and Socialists. The small reformist Republican Party is particularly interested in fiscal conservatism. The Social Democrats are vigorously anti-Communist and pro-Europe. The Socialists are continually torn between an ideological affinity with the Communists, their pro-Western loyalties and pork-barrel reasons for remaining in government...
King, 43, is also a phenomenon. An almost larger than life figure at 6 ft. 2 in., with a barrel chest and an Afro that leaps from his temples as if galvanized, he works at a pace that would exhaust most men. His 18-hour days and hundreds of phone calls a week have helped him outflank such established matchmakers as Madison Square Garden and Top Rank, Inc., a longtime promoter and closed-circuit telecaster of Ali fights. Of course he has not been hurt by the cooperation of Ali and his manager, Black Muslim Executive Herbert Muhammad...
...average of the value of 16 major currencies, including the dollar; lately the value of the dollar has been falling against most of the other currencies and thus against that of the S.D.R. If that slide continues, more dollars will be needed to equal an S.D.R.-or buy a barrel...
...economy. He signaled American willingness to talk with developing nations about stabilizing prices for raw materials like copper, rubber and cocoa as well as oil. In a related step aimed at impressing the OPEC cartel that the U.S. is determined to conserve energy, Ford imposed a second $1-per-barrel tariff on imported oil and proposed phasing out price controls on domestic oil later this month (see ECONOMY & BUSINESS...