Word: bearishly
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Wall Streeters had their explanations. The bearish sentiment, touched off by A.T. & T., had been caused by: 1) the U.S. ultimatum to Tito, 2) Chrysler's announced shutdown, 3) "discouraging" second-quarter earnings. Moreover, A. T. & T., being a pivotal stock with one of the highest quotations on the market, had a disproportionate effect on the Dow-Jones index. Heavy trading in A.T. & T. had carried the whole industrial index below the market's resistance point, scared holders of other stocks into selling...
...week when two great strikes were settled, an uneasy thought beset U.S. businessmen. Under the bullish rumble could be heard a bearish mutter. Deflation might not be too far away...
...view of Westinghouse's three-weeks-old strike of 83% of its 90,000 employes, Price was bearish on production. Said he: the shiny new washers, irons, home freezers, etc. will not be on the market in volume till late summer or early fall...
...weeks ago in San Francisco, gruff, bearish Amadeo Peter Giannini, 75, "retired" boss of the Bank of America, was attending a board meeting. As Senior Vice Chairman Francis Shaw Baer droned through figures describing the bank's condition, old "A.P." fidgeted like a school boy with two fingers raised. Suddenly he jumped up, pounded the table and roared: "For God's sake, Franny, give 'em the big news...
...Churchill had to leave the building by a side door, come in another door to a little anteroom. Truman and Stalin were in other anterooms. Complicated signals set them all in coordinated motion. Stalin would roll in with his bearish gait; Churchill plodded; Clement Attlee walked sedately ; Truman almost skipped in (which was all right because his anteroom was just a little farther away...