Word: bullish
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Dates: during 1960-1969
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While the auto settlement gave a big push to the market, it was not responsible for its basic momentum: the market had been moving up on bullish business news for five straight sessions before the Detroit settlement. The auto agreement opened the way to further increases by raising the prospect of mild inflation and by removing what seemed to many the last immediate obstacle to continued prosperity...
Whether this clever deal will come off depends on the answers to three questions: Will stockholders bite? Will Milligan fight? If he does, how successful will he be? Waiting for the outcome, the bidders are bullish. "You know what they say about the oil business," grinned Joseph Oliver, a Consolidation vice president. "When it's good, it's great; and when it's lousy, it's still pretty darned good...
...primary, announced that Rocky led Goldwater by 57% to 43% in California. Then Harris began having anguished second thoughts. Twenty-four hours before last week's primary, he said that Rocky might get 55% or more. But on the morning of the election, he was less bullish about Rocky, declared, "Goldwater has seized the momentum in the last 24 hours. Dramatic changes now are taking place in California...
...into bed with him, the galoshes he depends on in England's soggy climate, the hose he waters his roses with, and the cricket bat he wields. Most of all, Dunlop makes his tires: half of all British vehicles roll on Dunlops. With car sales strong, business is bullish. This week the company will report that profits jumped 14% last year to $77.5 million on sales of $792 million...
...Accountant's Memory. The President has an accountant's memory for economic statistics, and he delights in exploiting the bullish ones in his speeches in a way that puts them onto Page One almost every day. In his speech to the Chamber of Commerce, he managed to mention 50 different statistics. Armed with figures on profits and take-home pay, Johnson has been using every possible chance to campaign against price and wage rises-gently warning businessmen that if inflation comes to eat away prosperity, they will have only themselves to blame...