Word: boom
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Dates: during 1980-1989
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...explosive growth worries some Western financial experts, who fear the boom could go bust. If that happened, investors with heavy losses in Tokyo could be forced to pull money out of other markets, triggering another crash. Japanese stocks are already trading at astronomical prices in comparison with the profits of the companies that issued the shares, at least by American standards. On the New York Stock Exchange, such price-earnings ratios run about 15 to 1, while in Tokyo the multiples are often four times as high. Nippon Telegraph & Telephone trades at 158 times its earnings. "Japanese authorities have allowed...
...very early on in the skywalk boom, weather was superseded by boosterism economics: elevated bridges came to be seen as prods for real estate development, quick fixes for tapped-out downtowns. Here and there they seemed to do the trick. The growth of the publicly owned Des Moines Skywalk System, which began in 1982, has indeed coincided with an economic revival of the city's downtown. Skywalks are not cheap: construction can run as much as $3,000 per linear foot. But developers can charge 5% to 10% rent premiums to tenants in towers plugged into the systems...
...reason for the drama boom is that a rising number of cases reaching the courts involve complicated business disputes. The result is juror boredom. "Jurors come into the courtroom expecting Perry Mason," says San Diego- based Actor-Director Ronald Arden, who has been coaching lawyers for a decade. "But most of the time they're getting Mickey Mouse." The emphasis on unemotional analysis inculcated in law school can actually work against the attorney who is trying to convince ordinary human beings. "As a whole, we don't use our bodies or voices well," admits Attorney Jerry Coughlan of the National...
...normalization of American relations withCuba would allow for Castro's offical entranceinto the international political arena. Castrowould gain access to technology, banking, andtourism would boom, he said...
...York Stock Exchange Chairman Bernard J. ("Bunny") Lasker said just before the bull market of the mid-'70s would be true enough in the '80s: "I can feel it coming, SEC or not, a whole new round of disastrous speculation, with all the familiar stages in order -- blue-chip boom, then a fad for secondary issues, then an over-the-counter play, then another garbage market in new issues, and finally the inevitable crash...