Word: depressionitis
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Dates: during 1950-1959
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Jackie Kennedy almost lost a husband in the first years after the marriage. Jack's wartime injury had required a spinal operation, but the bones were not set properly. In 1954 his back began giving trouble, and by fall he was hobbling about on crutches. In October he entered...
The recovery in bonds was also significant for the stock market. With bond prices depressed, bond yields for the past year have been running at the highest levels since the Depression days of the 1930s, and consequently closer to stock yields. (Last week the average yield on high-grade corporate...
While waiting, Russell disinterestedly outlined his career. He grew up in East Cleveland's Hungarian Buckeye Road district, left school at sixteen, and played saxophone in his own jazz band. ("I called myself Jack Russell because the announcers couldn't pronounce my name.") "Doing odd jobs for East Cleveland politicians...
For more than two decades, the Federal Housing Administration has been virtually the only insurer of home mortgage loans. Private institutions, recalling the failures of insurance companies during the Depression, made no move to challenge FHA's monopoly. Now the field has been invaded by Milwaukee's Mortgage...
Great Promise. Just as for Jay Follet. death came suddenly in 1955 for Author James Agee, 45. Born in Knoxville, a graduate of Harvard, Agee spent 16 years as a writer on FORTUNE and TIME, and during the last years of his life worked on the scenarios for such movies...