Word: marketed
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Dates: during 1970-1979
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...Okies of the 30's were absorbed back into the cities when the labor market expanded during World War II. The Filipinos were not so lucky. One Filipino man told me that they came with a quota of 2 per cent women, and when they arrived the state of California passed anti-miscegenation laws, so that a Filipino man could only marry a Filipino woman. Only there were very few Filipino women--so today almost all the older Filipino men are bachelors...
...fortnight ago, the pacesetting 30-share Financial Times stock market index reached an alltime high of 549.2, six points above its previous record in May 1972. Profit taking and some unfavorable corporate reports have since eroded prices somewhat; last week the FT index closed at 504.7, still a spectacular rebound from its nadir of 146 in January...
...production is running 7% below its 1973 peak and is expected to grow only 2½% by the end of 1978. Unemployment has reached a postwar high of 1.6 million and is still expanding, and even an inflation rate of 12% would be ruinous over the long term. If market prices were adjusted for the withering effects of inflation since the 1972 apex, the FT index would have had to hit 1,200 to set a new record...
...thinking about just that. As a result of heavy cash in fusions from abroad, the price of sterling has risen sharply from a low of $1.55 in 1976 to $1.74 last week. As the funds accumulated, the Bank of England steadily reduced interest rates, thereby providing the stock market with the boost that helped bring the current flurry...
...conversations along the buffet table consist mostly of insurance firm gossip, lamentations about the stock market, and the latest round of fifty-year old debates on the relative merits of the Yankees and the Red Sox. But this year, more than a few alumni mentioned either excitement or concern about the possibility of Harvard launching a major capital fund drive, the first such drive here since the mid-fifties...