Word: bullishness
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...more than $1 billion. The most likely purchaser is the Italian automaker Fiat S.p.A. But the Soviets are not about to miss out on any better offers: they have hired Bear, Stearns, the Wall Street investment banking house, to provide them with some American know-how. Bear, Stearns is bullish on the U.S.S.R. Says Brian Murray, senior managing director: "Foreign companies who position themselves will really reap the benefits...
...months has Alan Greenspan been so downright bullish about the U.S. economy. Speaking last week in Osaka, Japan, the normally dour Federal Reserve chairman said he saw "clearly encouraging" signs that the recession is ending and mounting evidence of a "stronger-than-expected recovery." But back at home, hardly anyone else felt it. Wary Americans seemed a long way from embarking on a spending spree. "I used to go into a store and say, 'I want that,' and not even ask how much it cost," says Liane Adduci, an ad- agency executive in Chicago. "Now I'm much more conservative...
...subject of the French bureaucracy, Disney executives sound decidedly less bullish. For example, when Disney executives requested an extension of local water service to their park area, they had to seek about a dozen official approvals and clearances. To help navigate this sensitive thicket, Disney hired local consultants familiar with the rules of the game. Says Euro Disneyland president Robert Fitzpatrick: "Form is very important in France, much more so than in the U.S. You have to be sure you contact the right person and don't overlook someone...
...WARS have traditionally been bullish for the economy. We expect this one will be no exception...
...success by allied forces raised the possibility that the gulf war might be a short one, lasting a few weeks instead of many months. That inspired investors to surmount their crippling fears of a long, costly war that would plunge the U.S. into a near depression. Stock markets turned bullish in all parts of the world as buyers big and small poured in from the sidelines, heartened by a plunge in oil prices. Said Donald Clark, chairman of Household International, a finance and insurance firm: "I'm more optimistic today simply because we have put the uncertainties of the terrible...