Word: bondses
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As in a nightmare, the most routine, innocent action-reaching for a painkiller to relieve a headache, cold or upset stomach, something that Americans do millions of times every day-had become fraught with menace. Suddenly one of the small bonds of unconscious trust that hold society together had snapped...
Besides the standard choices of savings deposits, stocks, bonds and mutual funds, financial advisers are now nudging clients toward such exotic new fare as zero-coupon bonds, seven-day bank C.D.s, and brokerage-house deposit certificates. With such a variety to choose from, even professionals are befuddled. Says Gary Strum...
The Judaeo-Christian ethic and study of the Bible were bonds between Jews and Christians that had always been part of my life. I also believed very deeply that the Jews who had survived the Holocaust deserved their own nation and that they had a right to live in peace...
The Western alliance will feel the loss of a statesman as experienced as Schmidt. Said former British Chancellor of the Exchequer Denis Healey last week: "Helmut Schmidt is the only Western leader at the moment who has experience, a policy and imagination. He will leave a very serious gap." Still...
Paulus was less sanguine about the outlook for interest rates on long-term bonds, which finance capital spending. Even after a drop of more than one percentage point since July, the rates on top-quality industrial bonds still hover above 13%. Because the prospect of huge federal budget deficits is...