Word: firminger
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Long Term. Two immediate factors spurred last week's renewed upsurge. One was a firming up of the bond market, where prices have risen and interest yields fallen, making bonds less attractive than stocks to many investors. The other was a one-quarter point cut in the prime bank...
>The long-suffering housing market is showing some signs of firming (see story next page), and interest rates are continuing to decline.
The Japanese stake in Africa is still modest-only $7,000,000 in direct investments-and its sales to Africa of $608 million last year accounted for only 9% of Japan's total exports. Nevertheless, by combining courteous persistence, cut-rate prices, fat markups for local dealers and fast...
"For a long time," says Kitchel, "I'd been interested in what he stood for-stopping the centralization of federal power and firming up our foreign policy. When he got to the Senate, we began working together quite a bit. I'd try to give him advice on...
The bankers have also been earning more from the $59 billion that they have tied up in Government securities. Thanks to Washington's policies of firming up interest rates to prevent investment capital from flowing to foreign countries, the yields on U.S. securities have risen about 1/2 of 1...