Word: bonding
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Dates: during 1980-1989
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...President met with 87 state and local officials from the Northeast and took a swipe at the New York financial community for fearing that his proposed tax cuts will spur inflation. Over the past few weeks, skepticism on Wall Street toward the Administration's program has sent bond prices plunging. Said Reagan: "They're sitting there watching anything they think may change the interest rates and bond market. I think that they're looking through a very narrow glass." The President also mentioned that "silent Calvin Coolidge" was one of his favorite Chief Executives because...
...produce enough income to ease the burden on students now would come back to haunt the University in the future. "The more you ask of an investment to produce today," he explains, "the less growth you can get out of it later." So, for example, even though a bond with a five-year maturity that pays 16 per cent may look extremely tempting, a stock paying only 4 or 5 per cent but growing at a rate of 25 per cent a year would be the better long-term buy, Cabot says...
...economic proposals. Cabot says that if Reagan's plans work, productivity will-increase as a result of the refurbishing of American industry. Because of that, Cabot says he remains bullish on stocks. For the near-term, however, which Cabot describes as the next 12 to 18 months, the bond market looks attractive because as Reagan's policies are implemented, interest rates should come down, increasing the value of bonds. As a result, HMC's current strategy is to recommit itself to the bond market and reduce exposure in common stocks. This strategy represents a substantial change from recent year, during...
...need some recognition of the instability and futility of the arms race; if it fails, it's likely to fail catastrophically. And ultimately it's likely to fail," Watson refused last week to discuss his views on the arms race, but in a 1970 speech to the Bond Club in New York City he had this to say: "It's a happy, comfortable thought to believe that we can indeed make ourselves relatively safe and the Soviet Union relatively unsafe with anti-missile missiles and so forth. But think a little deeper. Our efforts might leave 50 million survivors here...
...assumes. For by then the reader is being shuttled back and forth into a sort of James Bond thriller by an Irishman named Silas Flannery. What is the explanation for this terminal case of non sequitur? Bungling in the bindery? Or should blame-and credit-be assigned to the Organization for the Electronic Production of Homogenized Literary Works, operating out of New York to reduce all fiction to One Novel? Or is the erratic anthology the fault of an odd chap named Ermes Marana, who dashes about the world scribbling novels in native languages and native styles, then dashes home...