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...market analysts and money managers are increasingly confident that a new and sustained bull market is shaping up. Reports TIME Correspondent John Tompkins from Wall Street: "The mood is in the air, palpable, something you can feel. To be sure, there are some well-known bears who still radiate gloom and even a couple of bulls who have turned bearish. But the consensus is that no matter how bad things look in Washington, the nation and the world, the market is within shouting distance of taking off on a major rise...

Author: /time Magazine | Title: Business: Hopes for a Bull Market | 9/17/1979 | See Source »

...against this national gloom and concern, prospective candidates are rising or falling on the extent to which they are seen as strong leaders. The survey found Kennedy to have the highest leadership rating of all the presidential prospects. Fifty-eight percent said they felt Kennedy was "very strong" as a leader and only 12% said he was "not strong...

Author: /time Magazine | Title: Nation: Still Looking for a Leader | 9/10/1979 | See Source »

...lyrics of a new country-and-western ditty that has come out of Atlanta and was written by Georgia's Lieutenant Governor Zell Miller. Miller's lament may never make the Top Forty, but a great many of his countrymen surely share his gloom about having to "do without." As in past times of leaping prices and deepening economic slump, Americans are taking seriously the task of cutting back their household budgets...

Author: /time Magazine | Title: Business: Consumers in a Squeeze | 9/3/1979 | See Source »

...famous lengthy memo describing growing pessimism among the American electorate. In March, for instance, Caddell found that 48% of the people he surveyed called themselves "longterm pessimists," up from 30% in 1975. Other pollsters question Caddell's objectivity, and stress that Carter is partly responsible for the public gloom. Their surveys find that Americans are more pessimistic about the President than about themselves. Responds Caddell: "To say it is a question of confidence in Carter begs the larger question...

Author: /time Magazine | Title: Nation: Carter's Pollster | 8/6/1979 | See Source »

...vision of these projects is all the more appealing in light of the immediate economic gloom. The Commerce Department reported last week that the gross national output of goods and services dropped at a 3.3% annual rate during the second quarter, meaning that the recession has almost certainly begun. G. William Miller, the Treasury Secretary-designate, also warned that the energy aggravated slump would be deeper and longer than the mild slowdown of six to nine months that the Administration has so far forecast. Miller's projections: unemployment rising from last month...

Author: /time Magazine | Title: Business: Impact of Dozen-Digit Spending | 7/30/1979 | See Source »

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