Word: dows
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Dates: during 1990-1999
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...YORK: Why is the Dow falling? Ask investors -- who have sent the index down in four straight sessions to well below 8900 on Wednesday -- and they count the ways...
...what?" To life in the Dust Bowl during the Great Depression? Or to growing up almost anywhere in the developing world today? In 1998, in an America presided over by the quintessential Mark Twain character Bill Clinton (an irrepressible trickster out of Arkansas with late-adolescent hormones), the Dow noses up toward 10,000, and this spring's college graduates emerge into the best job market in years. If this is "harder," then send my generals a case...
Investors may be warming to this notion. The Dow, having plunged last Monday, was levitating by Friday. In another sign that the market's pendulum of emotions remains firmly balanced, Wall Street's view on the too-hot, too-cold question is as divergent as ever. Merrill Lynch rushed out a report saying profits are in trouble and interest rates must surely decline. Goldman Sachs discerns continued bliss as far as the eye can see. Morgan Stanley Dean Witter is convinced that inflation and higher rates are just around the bend. That's all I need to hear. There...
What do corporate chiefs know about the market? Individually, very little. Star honchos like Jack Welch at General Electric and Bill Gates at Microsoft can't time the Dow any better than the Beardstown Ladies. But they clearly know more about their own companies than anyone on Wall Street. So their actions as a group say something about the market as a whole. That's why analysts monitor things like insider stock transactions, new stock offerings and corporate stock buybacks. Even for wealthy CEOs, the object is to buy low and sell high, whether in managing the company's coffers...
Hailed by members of both parties as an outstanding negotiator, Raines spent months working behind the scenes to make possible the agreement that has undoubtedly helped send the Dow soaring to new heights as our national economic confidence rises. Forsaking the vastly higher salaries and benefits available in the private sector, Raines has spent two and a half years of service in the fray of the nation's capital, with its media frenzy and partisan battles...