Word: bullish
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...nation's largest brokerage house reads MERRILL LYNCH IS BULLISH ON AMERICA. In naming a Treasury Secretary, Ronald Reagan wanted to send a similar message of confidence to the nation, especially its business community. Who better to carry it than Merrill Lynch's own chairman, Donald Thomas Regan...
...between a big game and outright war falls The Game. More than what transpired on the football field mattered to the hordes of Yalies who swarmed Cambridge this weekend, and to their Harvard hosts, who grew pleasantly indignant following a disappointing 14-0 shutout at the hands of a bullish Bulldog squad...
...army regiments and members of London clubs have long worn institutional ties as a way of recognizing other "old boys" without asking. Now Americans can pick out a colleague or a competitor at a sales convention according to the cravat around his neck. Corporate neckties have recently become a bullish $12 million industry. Says A. Harvey Schreter, whose Baltimore-based company has made about 600 different company ties: "Last year our business grew by 30%, and it has trebled in the past five years...
When Joe Granville talks about the market, lots of people listen. Wall Street sages credit him with whipping the Dow singlehanded into the 31-point stampede on April 22 that started the current bullish mood. A day earlier, the 1,500 subscribers who paid an extra $500 a year for Granville's special early warning service received telephone calls predicting a sudden rally. When word hit New York that the high priest of Holly Hill was telling people to buy, money professionals jumped into the market in anticipation. Crows Granville: "I don't think that I will ever...
Granville's gaudiness offends many stock market professionals, although they have to recognize his good track record. Some charge that he has turned the investment advisory service into cheap entertainment. Granville often conveniently forgets that he was unabashedly bullish during the long market slide of 1973 and 1974. Says one critic: "Joe gives the appearance of being infallible. The next time he is wrong, he'll take a lot of unsophisticated investors down with...