Word: expectability
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Dates: during 1950-1959
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...only hit Wall Street like a bombshell, but it hit me the same way. All I've ever heard about A.T. & T. and New England T. & T. has been that they're losing money and rates have to go up. As a lifetime consumer, may I now expect a reduction in rates...
With better luck than anyone had a right to expect, President Eisenhower last week found just the man to take on the job-vacant since the "wanted" sign was hung out last August-of running the Pentagon's increasingly diverse research, and engineering problems. The man: Dr. Herbert York, 37, one of the nation's top scientists, who has been holding down the job of chief scientist of the Defense Department's Advanced Research Projects Agency, ten-month-old overall Pentagon planning group...
...record, quit with a bellow of rage. Said Albert: "My wife ran out of grocery stores where she could shop without being insulted. My daughter Nancy [15] quit going to games this year. Janie [12] checked out a month ago. I know what my problems are, and I expect to worry about them. But when my six-year-old daughter [Terry] starts to worry about them, that's too much...
...times earnings. Viewed at current earnings, the market may indeed be too high, reflecting a hedge against more inflation as well as a hope of sharing in the growth of the economy. But it is not too high in the light of the earnings investors think they can expect. Nevertheless, some experts expect a pause or short drop for the Bull to catch his breath. The pessimists fear a major shakeout. They could be right only if the nation's reading on its new economy is wrong. And in 1958 the economy's reaction to recession earned...
...expect the fragrance...