Word: jonesism
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Dates: during 1970-1979
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2. What is the all-time Dow Jones high, and when was it reached?
3. What was the Dow Jones average when it hit a 12-year low in December 1974?
91. In May 1970, President Nixon met with Stock Exchange members alarmed by Dow Jones's sharp decline. At the meeting, what did Nixon cite as the latest reason for confidence in America and optimism about it economy?
So many top Air Force officers descended on Dayton's Wright-Patterson Air Force Base that a bystander asked: "Who's back at the Pentagon running the shop?" Replied Air Force Chief of Staff General David Jones: "Even more would have come if they could have got away...
So far, in fact, Project Independence has mainly yielded a barrel of complaints about equipment shortages that are delaying new production. Driller George Mitchell, head of a large Houston exploration company, voices a typical wildcatter's lament: "We've got six good prospects offshore Texas that we'...