Word: gloom
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...spite of the pervasive economic gloom, 1982 was a banner year for savers and investors. Having suffered huge savings outflows in prior years as depositors withdrew their funds to chase after the high interest rates available from money-market mutual funds, commercial banks and savings and loan institutions were at last freed by regulators to offer federally insured free-market interest rates of their own to small savers. The result: a breathless nationwide scramble by banks everywhere to exploit their new-found freedom and snatch depositors back from the money funds...
...reasons for his actions, he remains a cipher-too much of an antiChrist and not enough of an anti-her. None of the Bates family provides a counterbalance to Martin Thomas is an all-too human aggregate of frailties; guilty and hypocritical mauvaise fol combined with an almost gloom which seems out of place. His wife, while sympathetic and a true believer, is almost as weak as he, and far less intelligent Patricia is too much of a vegetable to elicit more than viscereal pity. Thus watching these characters interact is disturbing, but the film remains fundamentally hollow...
Among the reasons for Washington's current state of gloom, the most important is the feeling that Israeli Prime Minister Menachem Begin will never budge in his determination to hold on to the occupied West Bank and Gaza. Beyond that, U.S. officials are worried that Yasser Arafat, chairman of the Palestine Liberation Organization, may not be in a strong enough position within the P.L.O. to enter into any peace negotiations now. Finally, the U.S. has decided that although such moderate Arab states as Egypt, Saudi Arabia and Jordan would like to take advantage of the Reagan initiative, they seem...
...course, the recent Tylenol poisonings cast a shade of gloom over just about any drugstore purchase. These days we reach for the aspirin with a sinking feeling that this might be the last one we take. But candy and capsules are different things. Caution is always in order, but this year should have proved no more worrisome than any other...
...wild cheering on the floor of the New York Stock Exchange and around the financial district last week did not spread much beyond Wall Street. Across the U.S. there is still deepening gloom about the economy, and no single group is more painfully aware of it than the beleaguered owners of American businesses. This year their ranks are being trimmed by bankruptcy faster than at any time since the Depression. Says Chairman of Eastern Air Lines Frank Borman, whose company has several times flirted with failure: "I've long said that capitalism without bankruptcy is like Christianity without hell...