Word: bullishly
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Dates: during 1970-1979
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...industry; Merrill Lynch for its leadership of the industry and First Boston, Inc. for its strong position on the institutional side. Merrill Lynch is preparing its own report on the industry, and it is likely to be gloomy. The TV ads will continue to proclaim that "Merrill Lynch is bullish on America," but the firm is less than bullish on its own industry and, by implication, itself...
...excited about it, least of all the nation's investors. Last week they drove the Dow Jones Industrial Average down to 919, a 14-month low and a drop of 80 points since the start of the year; it rebounded to 927 on Friday. The market sagged despite bullish economic news. The nation's unemployment rate in March dropped to 7.3%, from February's 7.5%. The Commerce Department's index of leading indicators, a harbinger of growth, rose four-tenths of a percent in February, partially recouping January's loss and showing that the long...
...last year's 6.8%. Other projections are more optimistic. A survey of 307 companies by Merrill Lynch Economics, Inc., a subsidiary of the nation's largest stockbroker, shows them planning to increase spending an average 16.3%. But, discounting for inflation of 5% to 6%, even the most bullish forecasts would not return "real" business spending to its 1974 peak levels. Says Chase Econometrics Associates President Michael Evans: "You can't get a boom out of that...
...educators are as bullish as Mullish on intersession courses. The innovation stemmed in part from the unnrest in the late 1960s about traditional forms of education. That trend toward experimentation is undergoing serious re-examination at many universities and affecting intersession courses at a few. Wesleyan University, for example, has discontinued its intersession program partly because it was proving too expensive. Supporters of the idea, however, still see the January term as a valuable way to bring more variety into college curriculums-for both students and professors...
...number of industrialists are outright bullish about the Carter victory, which at least ended a long period of uncertainty. "The election put me in a good mood," says Earle W. Pitt, president of Foxboro Co., a Massachusetts electronics manufacturer. "We are looking at good times right into 1978." Though he is a registered Republican, Pitt says that "deep down I feel that Carter's been a businessman himself, and I guess I don't expect him to go off the deep...