Word: bullish
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Dates: during 1960-1969
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President Kennedy was bullish about the U.S. economy in 1962. "I think," he said at his press conference last week, "that this economy has more vitality in it than some of its premature mourners...
...many a European housewife last week, the most prized present of all was a stack of engravings that owed nothing to art but everything to the Continent's newest and fastest-growing investment trend-mutual funds. Tantalized by bullish stock prices and the Common Market's bright prospects, small European investors are buying into mutual funds as never before. Where only a handful of Continental funds existed prewar, Western Europe now boasts some 200 open-end and mixed investment trusts with well over 2,000,000 shareholders and total assets of about $4 billion...
...Whether the stock market goes up or down, one man who can hardly lose-provided the volume of trading stays high-is Norman Hirschfield, 51, new chairman of Teleregister Corp., which makes and operates stock market quotation boards. Last week Hirschfield had bullish news for his stockholders: first-half 1961 earnings reached nearly $500,000, v. a $20,000 deficit in first-half 1960. A Wall Street office boy at 14, Hirschfield became vice president of a brokerage house at 20, got friendly with Big Investor Charles Allen (who holds a dominant interest in Teleregister), was made chairman of Allen...
Businessmen who have wondered when -if ever-those "Soaring Sixties" would finally begin to soar got a bullish answer last week from Secretary of the Treasury Douglas Dillon. Said Dillon: ''It is probable that by this time next year, our economy will be in high gear. We may well be in the midst of an economic boom...
...economy was strong, having righted itself from recession. President Kennedy had used the powers of his office and his own political acumen to push along his legislative programs: he was doing better than any President since the early Franklin Roosevelt in achieving success on Capitol Hill. He had received bullish reports from Vice President Lyndon Johnson, just back from Southeast Asia, on prospects in that beleaguered area...