Word: bullishness
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...People ask me whether the stock market is bullish, bearish or confused. I think it's confused." -James Moltz, chairman of the Cyrus J. Lawrence brokerage firm
...agricultural image.) At the news conference, he referred to having grown up on a farm, in order to introduce his metaphor of "a visit to the woodshed" that characterized his discussion with the President. That same farm upbringing may also explain why in the Atlantic interviews he remarked on "bullish forces," "pork barrels," "sacred cows," the closing of a program "cold turkey," the taking "something out of Boeing's hide," as well as citing certain Southerners as "boll weevils," certain Republicans as "gypsy moths," and certain others as "piranhas...
...Begin so bullish? For one thing, he is said to believe that Israel and Egypt have a far better chance of achieving a lasting peace if they can sign an autonomy agreement before the Israeli withdrawal from the Sinai next April. For another, he much prefers the Camp David peace process to any of the other alternatives that are currently being discussed in the Middle East, Europe and elsewhere. He has no interest in the latest call for an international conference by the Soviet Union, which two weeks ago granted full diplomatic recognition to the Palestine Liberation Organization...
...united front began to crumble in September as it became clear that the package of tax and budget cuts was not making Wall Street bullish. The reason: high interest rates and fear of ballooning federal deficits. Stockman, who saw the spiraling interest rates as a way to justify his budget-cutting offensive in September, began blaming the rates on the deficits. When his plans for shaving Social Security benefits proved politically suicidal, the OMB chief committed himself to a supply-side heresy: he suggested a delay in carrying out some of the tax cuts just passed by Congress...
...addressing his appreciative audience, Regan demonstrated a growing skill at partisan oratory. A victory for the President's tax plan will make 1982 "the year we'll see what American business can do. You'll be in the race of your lives," he promised, more bullish on America than ever. As for the Democrats, he said, "they seem to waffle and waver. Sometimes I think they're trying to delay in order not to have...