Word: bullishness
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Despite the risks, a vocal minority of economists offer a relatively bullish outlook. Among them: Yardeni, Kudlow, Nakagama and J. Paul Horne, the Paris-based chief international economist for Smith Barney. The optimists believe that the economy is not overheating and that significant progress has already been made in managing the budget deficit. Says Kudlow: "The important thing is that the deficit is coming down. It is the direction that is far more important than the level of the deficit." Echoes Nakagama: "The worst is behind...
...neither Hinz nor Reidy could break the bucking, bullish Penn defense...
Georgia's Robert Prechter, 39, had become the hottest stock guru in 1986 and '87 because of the bullish predictions in his newsletter The Elliott Wave Theorist ($233 a year). He based his forecasts on a mix of esoteric formulas and offbeat indicators like hemlines: the return of the miniskirt, he said, was a sign of a peak in the market. Prechter issued a warning on Oct. 5, advising his subscribers to sell their stocks. But he did not predict the downturn's severity, which disappointed some followers. "New business has virtually disappeared," Prechter concedes, but he is philosophical: "Going...
...Yankelovich Clancy Shulman, gives Bush a seven-point advantage. While that lead is neither large enough nor firm enough to predict the election's outcome, its ingredients are increasingly difficult for Dukakis to overcome in the five weeks left. Bush is prospering in part because American voters feel bullish about the state of the country; 73% of those likely to vote feel things are going "fairly well or very well," the highest proportion since October 1984. That sense of well being is boosting esteem for Ronald Reagan. His approval rating is 57%, higher than it has been for nearly...
...offensive unit is one of the most experienced in the Ivy League. It is led by All-Ivy candidate and Tri-Captain Doug Langan, the team's right guard. Other veterans on the line are left tackle Mike Haseltine and center Howie Capek. These three could be bullish on the Crimson defensive front...