Word: marketer
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Thus far, however, the excesses of speculation seen during War and post-War years seem to have been avoided. Improving industrial conditions and the prospect of economic tax revision, along with easy money, are thus far the prime motives of the continuing "bull market." But the test of its soundness should soon be seen in increased earnings...
...summer and fall of 1924 marked the transition from the first stage of easy money and dullness to the second stage of easy money, active stock-market speculation, stationary or declining bond prices and reviving industry. The sequence of these phases of the business cycle are familiar to all; the question thus is one of their velocity and probable duration. Moreover, no two business cycles have ever been exactly alike except in their general economic principles; and granted the whole business-cycle theory, elaborate analysis of each given indus-try still remains necessary...
...present cycle seems likely to endure for some time yet, because of its tremendous base of easy funds. Time money, it is true, has hardened up somewhat; but the disparity between long term investments and short term loans in yield is still too great for the "creeping bull market" on the Stock Exchange to halt sharply as yet. Moreover, industrial recovery, while genuine, is nevertheless slow because of surplus productive facilities. In 1922-23 and again in 1923-24, the business cycle was an annual affair, and quickly completed. But the cycle dating from last August in its secondary phase...
During earlier months, when wheat reached $1 a bushel and began to climb above that figure, the claim was made that the wheat market was being manipulated by "Wall Street" to elect President Coolidge this fall. But after Mr. Coolidge's overwhelming victory, wheat kept right on upward. It passed $1.50, next it passed $1.75; and predictions now come from Chicago that $2 wheat will again be seen during this winter...
...hysteria among steel producers at the return of fair production rates is due to the sharp lessons received in the spring of 1923 and again in 1924. On both occasions, demand suddenly appeared, prices rose and steel mills broke all records for production. This led quickly to swamping the market, decreased demand, dull activity and falling prices. The productive capacity of this country's steel industry is tremendous; demand for steel, while wholesome and constant, is not sensational and may not be so in the future...