Word: forecasted
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Dates: during 1960-1969
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...Shapiro, professor of Finance at the Business School, forecast that the imminent increase in short-term interest rates will be transmitted to long-term rates within a year. He added that the restrictive effect this will have on capital investment and residential construction will introduce a "bearish note" into the nation's economy...
According to the consistently accurate Michigan Economic Forecast, un employment will dip from the current 4.3% to below 4% - the level that the President's Council of Economic Advisers regards as full employment. The high-living U.S. consumer shows no sign of ending his five-year shopping spree, is currently spending 950 out of every $1 he earns. So durable is the boom, said the London Economist, that "analysts and businessmen may even stop counting the months...
...Once, two and two made three around here. Now it makes six." So says Gordon Grand Jr., the lean tax lawyer who runs giant Olin Mathieson Chemical Corp. (1965 sales forecast: $875 million). Strange though such arithmetic may seem, it makes sense at Olin. Like many another manufacturing mammoth, the company overreached itself in a scramble to diversify a few years ago, found its profits dwindling as its debts increased. Olin is still pretty diversified-its 4,500 products include antifreeze, shotguns, rocket fuel, electric toothbrushes and paper for Bibles-but it has learned how to make its money stretch...
Currently in fifth place in Ivy standings, the Crimson must stop Hall or outscore him to maintain its string of six consecutive seasons in the Ivy first division. If the weather man's forecast of mains holds true. Harvard will definitely have the advantage...
...response to a question, he forecast John V. Lindsay, mayor-elect of New York City, as the Republican Party's next bright light. But he commented that Richard M. Nixon was a more likely choice for the party's 1968 Presidential nomination...