Word: jonesism
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Whatever U.S. industry generally does, steel these days seems to do the opposite. Through most of the recession that ended in mid-1975, steel profits climbed. But now, in the midst of recovery, steelmakers seem to be caught in the grip of Murphy's Law: if anything can go...
On many economic fronts, the news was good last week. The cost of living in July rose only at an annual rate of 4.9%, the lowest monthly increase since December; housing starts jumped to an annual rate of more than 2 million, a cool 46% ahead of a year earlier...
All the way back in January of 1965, the Dow Jones industrials cracked the 900 level for the first time. Since then, the average has been on a roller-coaster ride-dropping as low as 631 in mid-1970, soaring as high as 1052 at the start of 1973. But...
The market's biggest single enemy in the '70s undoubtedly-though ironically-is inflation. Stocks used to be considered a hedge against inflation, on the rather naive assumption that if prices generally rose, so would prices of shares, but now inflation is almost universally considered bad for the...
But however enthusiastically they may denounce the SEC, securities men know where the real trouble lies. Says Donald Marron, president of Paine, Webber, Jackson & Curtis, Inc.: "The principal problem is the fact that the product we sell has not done very well. We are selling stock at precisely where it...