Word: marketed
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Dates: during 1970-1979
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...Butz policy had its successes, thanks to a lot of luck-record corn and wheat harvests as well as big Soviet grain purchases. With the 1977 harvests expected to set new records, farmers may soon need protection from falling prices. Says Bergland: "I favor the free market, but when I say free market, I don't mean bankrupt prices...
After a year of shifting moods −from euphoria to uncertainty and for a time despair−the stock market seems to have come full circle. As 1976 draws to an end, traders are once more looking ahead with rising confidence, buoyed by a growing conviction that President-elect Jimmy Carter can put zip into the lagging economy. Before the election, Wall Street nervously regarded the Democratic candidate as a big-spending populist, but it has been won over in recent weeks by Carter's appointment of political moderates to top Administration posts. Says Reynolds Securities, Inc. Vice President...
...next year, surpassing its alltime, January 1973 high of 1051.70. About midyear, Gordon predicts, the Dow will slide back to 1025 or so before moving up again to close 1977 somewhere between 1100 and 1150. Analyst Edson Gould of Anametrics, Inc. who has gained a reputation for accurately calling market turns (TIME, Apr. 26), is even more sanguine. He believes that by September the Dow could go as high...
...rise in confidence is evidenced by the broadness of the market's recent advance. Investors are showing increasing interest in a wide range of stocks of smaller companies in residential building, home-furnishings and semiconductor equipment. Until fairly recently, such secondary stocks were largely overlooked despite their attractively low price-earnings ratios and relatively high dividend yields. One result of this buying surge: price gains in the general market have outdistanced the Dow's blue-chip index. So far this year, the Dow has advanced 15%. The index of all stocks traded on the New York Stock Exchange...
...been a strange year, in which a volcanic opening led only to months of puzzlement and frustration. Paralleling the economy's robust first-quarter growth, the Dow spurted ahead 157 points, to 1009, from Jan. 1 to March 24. But for the next six months the market moved listlessly sideways. Tantalizingly, the Dow pierced the 1000 mark no fewer than eleven times during the year, only to fall back every time. On Sept. 21, the index reached 1014, its peak for the year, but then it fell into a slump that knocked 90 points off the average...