Word: hutton
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...direction of the surge has been up and down, but mostly up. Since the advance began, ironically on Friday, Aug. 13, the Dow Jones industrial average has gained 106.55 points, to 883.47. Says Greg Smith, director of research for the E.F. Hutton brokerage house: "We think the market has turned and could rise another 25% in the next year...
Easier Money. Though no one is advocating that the Federal Reserve flood the U.S. with money, many economists believe that Chairman Paul Volcker should be some what less rigid. "The Fed will have to ease up," says Edward Yardeni of the E.F. Hutton brokerage house. "Otherwise, we'll face the risk that this recession will turn into something uglier, a depression...
...changes may help calm troubled money markets, but many experts are unimpressed. Says Edward Yardeni, a financial economist for E.F. Hutton: "There will soon be a cottage industry of economists who will figure the weekly numbers and give out the data anyway." Despite the Federal Reserve's efforts, the new money-supply figures will probably be tracked as closely as the old ones...
...here, and the condos aren't. We've got a foothold!" bellows Renegade-in-Chief Brian Moreland (Timothy Hutton), and scores of miniature he-men scurry about with sandbags, grenades and machine guns. The war cry would be perfect at a Cambridge tenants' union meeting, but would 150 teenagers take on an armored National Guard division over a real estate dispute? That is, after all, the kind of thing that can ruin a kid's transcript...
...Hutton, the only actor other than Scott who stands out amid this mess of cliches and salutes, portrays a potentially interesting character who does ridiculous things. In Moreland there is an opportunity to explore difficult dilemmas such as how to maintain military pride without sacrificing individuality and humanity. But the makers of Taps haven't decided themselves what the answers are, or if any exist at all. Robot-like, Moreland plods on with his doomed crusade, and when the smoke clears, it's not at all clear who's to blame for this farcical shoot'em up: Bache...