Word: boom
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Dates: during 1940-1949
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...German invasion of The Netherlands touched off a speculative boom...
Trend. Says Wendell Willkie of his boom: "I would like to think it means I'm a hell of a fellow . . . but I think it means ... I represent a trend, or am ahead of a trend." Groping to define that trend last week, commentators called it a sign of impatience with politicians, an end to popular suspicion of businessmen as such, a recognition of the need for industrial leadership in a crisis. Deepest was the realization that the Republican convention would meet in the hour of Hitler's greatest triumph and democracy's greatest defeat. Wrote Columnist...
...tain thought of "those who have been fighting, true to their old military tradition, against an enemy of huge numerical superiority; ... of those old combatants whom I commanded during the last war; ... of the men and women on the roads, driven away from their homes." Amid thunder's boom and the crackle of lightning that made radios rasp, Frenchmen heard him ask for peace...
...after the Hitler-panicked stockmarket cooled off (at around 115 on the Dow-Jones Industrials Average), a sober fringe of investors figured that many stocks were priced too low. Their reasoning: that the worse Hitler made things look for democracy in Europe, the more U. S. heavy industry would boom on National Defense spending...
...Caught between fear of a quick German victory and hope for a national defense boom, stock prices when Hitler swept into France...