Word: investors
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Dates: during 1950-1959
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...week, the Dow-Jones industrial average last week tumbled more than six points before steadying (closing figure: 419.57, off 4.27). Such war-baby aircraft stocks as Boeing, Douglas, Lockheed and Northrop have dropped as much as 35% from their 1955 highs. In the back of every investor's mind lie some nagging questions.. What would happen to the U.S. economy in the unlikely event of real peace breaking out? What would another sharp cut in defense spending mean to the various segments of industry...
...recent attempt of the Federal Reserve Board to reduce excessive speculation by a ten percent increase in margin rates from 60 to 70 per cent was hailed as a "step in the right direction" by John Kenneth Galbraith, professor of Economics. Margin is the amount of cash an investor must have to buy a share of stock...
...producing 100 million kw. annually, some 25% of the U.S. total. To build them, U.S. industry will need a capital of at least $40 billion. Added Molesworth: "Beyond that, we have allowed nothing for domestic financing of power reactors and other nuclear facilities for the foreign market . . . For the investor there is no greater area of opportunity...
...Revolution? "You know, during most Latin American revolutions, the traffic cop still directs traffic, the postman still delivers mail and life goes on pretty much as usual as far as the foreigner and the foreign investor are concerned...
Television, more and more, was getting into other people's business. NBC's American Inventory gave an upbeat plug to the stock market in a playlet about the joys of being a small investor, while on Youth Wants to Know. Arkansas' Senator William Fulbright (see BUSINESS) deplored the market's excesses. Indiana's Senator Homer Capehart got in the act by appearing on Walter Winchell's ABC telecast for the express purpose of asking Winchell some friendly questions about his broadcast stock tips. Unfortunately, the Senator began by answering questions instead of asking them...