Word: bondses
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Suzuki's efforts to restore vigor to the stalled Japanese economy backfired. His plan to end the practice of issuing government bonds to help finance the budget was abandoned after lagging exports and the world recession helped swell the 1982 deficit to $40.1 billion. At the same time, Suzuki...
Nobody needs such proof. Everyone is too well aware of the shakiness of existence without the evidence of yet another maniac. Still, we are perfectly able to live with such uncertainties. Indeed, there seems a near infinite capacity to do so, to go doggedly about our business in the presence...
Exactly how tight these bonds may be stretched is severely tested by something like the Tylenol incident, and would be tested a lot more severely by, say, a poisoning of the air or, for that matter, a nuclear war; by anything for which there are no protective mechanisms in place...
Stocks were not the only good investment last week. Bond price's also rose smartly, in one of their sharpest single-day rallies in history: prices usually go up when interest rates fall. This led to hopes that corporations might soon be able to turn some of their estimated...
Despite last week's euphoria, one problem continues to worry many financial analysts: the Federal Government s huge borrowing requirements. The US Treasury must raise nearly $16 billion to $17 billion in new funds within the next month. That is far more than the $1.2 billion in new corporate...