Word: directionalized
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Dates: during 1970-1979
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Wall Streeters believe that Washington is finally getting fiscal religion and that the political mood is shifting toward stimulating investment rather than consumption. Some steps in that direction were the Revenue Act of 1978, which slashed maximum capital gains taxes from 49% to 28%, and the appointment of the tough...
While the flight to gold shows that some investors remain worried about the long-term direction of the U.S. economy, the market decline early last week was considered to be a short-lived emotional response to higher interest rates. These both slow the economy and make bonds relatively more attractive...
The result is that longtime bears are lumbering out of hibernation. Market Analyst David Bostian of Bostian Research Associates, one of the Street's better-known pessimists, is trumpeting that the Dow could reach 2,000 within five years. Schroder Naess & Thomas, which manages $1.3 billion of institutional accounts...
Following tradition, George Rose plays both the father of the three children Peter spirits away and the comical Captain Hook, the archvillain of Neverland and "the swiniest swine in the world." But Rose breaks with tradition by being good in half his assignment and not quite so good in the...
In almost all other respects, however, this newest Peter Pan is faultless, and trib utes have to be paid both to those who labored on this production and to those who worked on the original. Perhaps special credit should go, however, to Peter Wolf, who designed three of the most...