Word: bondses
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Mutual fund companies and brokerage houses, for example, are trying to wrest IRA dollars away from banks and S and Ls by offering investments in stocks, bonds, money-market securities and even oil ventures. Insurance companies are touting so-called fixed-annuity plans that guarantee predetermined annual payouts during retirement...
When he met with China's leaders during Nixon's first term, writes Kissinger, "we developed between us a habit of candor, honesty and long-range thinking." It was this, he adds, that became "the key to the Chinese-American relationship at a point when few concrete results...
Research stemming from the Harvard doctors' discovery primarily centers on isolating the catalysts which cause normal proteins to form the intricate, close bonds that make them insoluble. If researchers discover a way to halt formation of protein tangles, varieties of which are also found in eye cataracts and aging skin...
Local Government Financing. States, cities and counties traditionally raise much money for public works by selling bonds. The costs of doing so are becoming staggering. One index of interest rates on such municipal bonds shows them averaging around 13%, almost exactly double the rate in 1979. That is a truly...
The Reserve Board has no direct control over M-1 but has several indirect means of regulating its growth. For one thing, U.S. law requires banks to keep a portion of their deposits in accounts at the Fed in the form of so-called reserves. By changing what is known...