Word: beare
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Dates: during 1980-1989
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...Bear That Ate the Billions
Memories of the great Crash of 1929 prompted considerable anxieties about whether this new bear market would lead once again to a major recession -- or worse. As in 1929, many of the experts declared that the economy was fundamentally strong and predicted better times ahead. But the market recovered only a fraction of its October losses, the record trade deficits continued, and the dollar kept sinking. It was partly a question of public confidence, and the ebullient optimism that had helped to re-elect Reagan now appeared a thing of the past...
...years, Teddy Ruxpin, the talking toy bear, has delighted youngsters with tales in which he and his friend Grubby outwit the Mudblups, Bounders and assorted other villains. Too bad Teddy couldn't provide a last-minute rescue or happy ending for his creator, Worlds of Wonder. Last week the two-year-old Fremont, Calif., firm filed for bankruptcy protection. During the six months ending Sept. 30, WOW lost $53.5 million as sales fell to $72.7 million. During the same period a year ago, the firm earned $2.8 million on sales of $85.2 million...
...relaxed surroundings of his seaside home on a promontory north of Boston, he admitted to having qualms as early as January, when the Dow Jones industrial average broke 2000 and stood more than 157% above its 1982 low point. What bothered him was that the market seemed to bear no relationship to the performance of the companies whose stocks were being traded. Corporate earnings for 1986 had been no larger than they were in 1982 and 1983, and yet stock prices were more than twice as high...
IMAGES: 1987' s best pictures star Ron and Mikhail, a raging bear and two Jessicas...