Word: investor
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Moved PermanentlyMoved PermanentlyFortune Investor DataDays like this have been rare lately, though, and one gloomy Tuesday hardly means they?ll be coming thick and fast in the near future. "The economy is strong, the Fed won?t raise rates in August, and earnings, as a whole, have been excellent," says TIME senior economic correspondent Bernard Baumohl. "There?s no real reason to be concerned about the stock market...
Moved PermanentlyMoved PermanentlyFortune Investor DataPrivately, Alan Greenspan can crow a little. With one eye on the so-called "new paradigm," in which tech-driven productivity gains naturally outstrip price pressures, and the other eye on a shaky Latin America, the Fed chairman isn?t anxious to raise rates. But some of his FOMC colleagues at that big mahogany table have been getting antsy about the Fed?s turning into a paper tiger, kowtowing to the stock market and letting the economy run wild and free. This week?s numbers give Greenspan a perfect reason not to listen. "There?s just...
...Chairman used to walk to his meetings virtually unnoticed, just another Washington bureaucrat. Last week there were a dozen cameras and reporters dogging his every step. If you followed these sometimes frightening prognosticators, you might have been turned from an investor to a trader, spooking out of high-quality stocks because you feared a Fed action that in another era wouldn't have meant a hill of beans to you. Some of these know-it-alls had you believing that the stock market was the Fed's enemy...
Moved PermanentlyMoved PermanentlyFortune Investor DataThat is, if the Senate, the House and President Clinton can get their collective act together. Democrats are squawking that the House version doesn?t do enough to help poor neighborhoods and minorities get the service they need from reluctant insurers; Clinton says the Senate version takes too much regulatory turf away from the Treasury Department. Now the negotiators take over ?- and Wall Street is salivating at the prospect of a deal. When Citigroup?s model of one-stop financial shopping becomes officially available to the rest of the corporate herd, get ready for a merger...
Moved PermanentlyMoved PermanentlyFortune Investor DataAfter a jittery morning of anticipation, the markets heard "neutral bias" and bolted. The Dow went from 44 points down to 74 up in less than a minute. Bond yields momentarily dipped below 6 percent for the first time in weeks. An extended rally ?- given the strong correlation between consumers and the value of their portfolios ?- could of course set off the very overheat that Greenspan is so worried about. But the indexes are short-sighted, emotional creatures, and Wednesday the emotion was relief. "The uncertainty is over, and Greenspan clearly is done raising...