Word: cautioned
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Dates: during 1970-1979
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...rates, the widespread expectation of an economic slowdown late this year or in 1979, the threats of energy shortages and increasing Government regulation. Their rather chilling conclusion: strongly as the economy is performing now, the longer-term risks are genuine and serious enough to justify the executives' considerable caution...
...irrational. When you are uncertain about the environment for investment, then you will not commit your money, just as someone will not run in the middle of the street blindfolded." Otto Eckstein, head of Data Resources Inc., a Boston-based, computerized economic-forecasting firm, thinks that executives' caution should not even be described as "lack of confidence," but rather as "business realism...
Thus pressure is growing for the New Jersey Casino Control Commission to move faster, before any investors go bust, or turn to mob moneylenders. The danger, of course, is that a combination of greed and need will overcome caution and good intentions, making it easier for the underworld to penetrate legal gambling in Atlantic City...
...survival. He wants another term as Fed chairman, and not because he likes to go to capital par ties and enjoys the aroma of power (which he does). But he thinks he is doing right by the nation to restrain the money sup ply, to preach a little caution, to stand immune from White House blandishments and politics. Burns views his ideas as good for the country's soul - and its pocketbook...
...caution Harvard athletics: do not let the desire to win, the desire to bring talented athletes to Harvard, get in the way of the truth. Yes, tell ballplayers about Harvard, try to convince them to attend, but do not paint too rosy a picture. Those poor visitors must still eat in our dining halls, sleep on our couches, face those that are not all that impressed with football players. That's the way it is here and if they don't like it, they shouldn't come here...