Word: bullishness
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...August, while London hit new highs, Wall Street prices lazily backed and filled-mostly backed. To catch up with the London rise since last April, the Dow-Jones industrial average would have to jump about 15 points. Question-of-the-week in Wall Street: Does London's bullish market point...
...even sharper rise in railroad profits. Once the break-even point is passed, "leverage" carries much of the increase in gross directly to net. Thus February carloadings of all Class 1 roads were 23% over 1940, but net operating income (profit before interest and taxes) rose 75%. Two other bullish points are labor and taxes. Shielded by intricate Federal machinery, the railroads have not had a big strike since 1922. By taking the 8%-on-capital option of the excess-profits tax, most railroaders (who have not earned 8% for years) are not required to pay any. Some individual reports...
...Most bullish of South American countries when World War II broke out were the nations below the bulge of Brazil. Remembering the boom times of World War I, marred only by a slump in Brazilian coffee, confident they would never be drawn into actual conflict, they hoped to make a pocket supplying Europe's war machines...
...trade was 12-15% ahead of 1939, women's dress sales were 15-30% ahead. Nationwide department-store sales in August were 10% ahead of a year ago, only 11% under August 1929. Sears, Roebuck continued to lead the procession with a 22% gain over August 1939. Most bullish note: retail managements have been as gloomy as Wall Streeters about prospects, have kept inventories low. Since August buying by stores was 30% below July, continued retail sales gains should boom consumer-goods production...
...crucial last quarter, showed a 1939 net of $36,879,829, nearly twice 1938's. The market has been flicking salt on many other excellent 1939 statements, regarding them as eulogies of past business, irrelevant to earnings prospects now. More immediate news from Detroit was not so bullish: production was dropping below 100,000 cars a week, while dealers still had a premature stock of about 400,000 new cars on hand...