Word: economists
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Dates: during 1960-1969
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...Haack figures that the brokers can now "comfortably" handle a daily volume of 10 million shares. That is 23% less than the average volume they actually had to struggle with in 1968, and 72% less than the average daily volume of 36 million shares that Exchange Economist William Freund now predicts may be achieved...
Lady Barbara Ward Jackson, LL.D., economist. She has taught her admirers and students that realities are not as dangerous as fancies and that true independence and genuine accomplishment stem from hard facts bravely...
...results have been less severe. Last week the board's policy of "resolute restraint," as Chairman William McChesney Martin describes it, hit home so hard that many bankers concluded that another crisis is imminent. "This is certainly the worst credit squeeze since 1966," said Beryl Sprinkel, chief economist of Chicago's Harris Trust & Savings Bank. "The question is whether it will get as bad as 1966. We're moving very rapidly in that direction...
...economy seems headed for its most expansive era yet in the 1970s. That was the message of a study presented last week by Martin Gainsbrugh, chief economist of the National Industrial Conference Board, a private center for business research. Two years in preparation by a dozen of the board's staff economists, the study projects remarkable advances in family income, now averaging $9,300. By the end of the next decade, the typical American household will earn almost $14,000 - in terms of today's prices - and enjoy a 40% increase in the real standard of living...
Wall Street, and much of the American business community, favors what Economist Paul A. Samuelson calls a "dovish-bullish syndrome"-which conjures up visions of a hybrid creature with wings, hooves and horns. Recent history shows that peace pays. World War II and Korea were followed not by the depressions that had been predicted, but only by mild recessions that were soon erased by new bursts of prosperity. A stand-down in Viet Nam would help both to cool inflation and to open new opportunities for dealing with some of the social ills that hurt the nation and its economy...