Word: bulled
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Dates: during 1950-1959
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...Harvey on the road. To the delight of his admirers, he did the part of Skid Johnson in a revival of the old hit, Burlesque. It ran longer than the original. He had always saved money; as an investor in stocks he also made some profits on the new bull market...
...Nazarene), Saint Paul (The Apostle), and Mary, he stretched Gospel truth, stressed the ties of faith linking Jew and Christian, "in the hope that mutual understanding might bring about a better world." For his pains, pious Novelist Asch caught a crossfire of criticism from both camps-and scored bull's-eyes on the bestseller lists every time...
...Memories. Many a middle-aged American, remembering the giddy air of 1929, thought that all this had a familiar ring. Actually, the 1951 bull market is like no other the U.S. has ever seen. Unlike 1929, when stocks could be bought for as little as 10% down, the margin requirement is 75% and most of the buying is for cash. The public has rushed in, but instead of chasing after low-priced and highly speculative "cats & dogs," it has usually bought "blue chips." Reason: the public is a lot smarter, partly because 1920's memories still linger but also...
...first six months of this year to $2.70. Moreover, defense orders will not take up the slack for many companies for a long time, nor will arms production yield anywhere near the profits of peacetime goods. Yet not even many of the bears believe that the bull market is about to end for good. The worst they expect is a shakeout to 225 or 200 in the Dow-Jones average, followed by a new upsurge to still higher ground...
...rest of the country is full of bulls who believe that the current upsurge will continue. They argue that by all the old rules of thumb, stocks are still underpriced. Even after the big rise of the Dow-Jones average, it is only 89% above the 1935-39 level, while during the same period corporate earnings after taxes have risen by 516%. Even the 30 Dow Jones industrials (e.g., A.T. & T., Standard Oil, G.M.) are still yielding returns of around 6% v. 3% for triple-A bonds, and dividends on Big Board stocks in 1951's first half were...