Word: longer-term
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...longer-term effect of the uproar over Ferraro's finances is impossible to judge; it will depend in part on whether some of the questions that her press conference did not entirely resolve continue to dog her. Even assuming, however, that most voters now view the matter as essentially closed and turn their attention to other issues, the controversy was a significant setback for the Democratic campaign, blunting its post-convention momentum and forcing it into a defensive crouch for nearly two weeks. For Ferraro, the affair probably comes out as a wash. She has lost some...
Simultaneously, Harvard shifted its bond holdings from short term notes to longer-term ones...
...same time, the slowing down of the economy's growth indicates that the recovery will last longer than would otherwise be expected, hence the shift to longer-term bonds...
...Dollar Boys" [Jan. 9]. I told your reporter that the Monsanto pension fund had terminated Alliance Capital as an investment manager after only a very short period of poor investment performance. That is not true. Rather, we managed funds of Monsanto from 1968 to 1973 and created a poor longer-term record of investment results. I wish this were not so, but I am afraid...
Kodak's instant camera has been a longer-term disappointment. Launched in 1976 to compete with Polaroid, the Kodamatic has made little money for the company. Shipments of instant film and cameras sagged 20% last year below the already low 1982 levels. Wall Street has so soured on Kodak's venture into instant photography that the company's stock jumped 1¼ last September on rumors that it was about to stop making instant cameras...