Word: marketing
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Dates: during 1960-1969
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There are, however, many changes that the U.S. can make in the way it deals with Latin America-changes that would produce both real and psychological benefits. The vast U.S. market should be opened more fully to Latin American goods. Nixon should seek to reduce congressional weight on the conduct of foreign relations, because the punitive legislation that Congress has enacted drastically reduces the President's room for maneuvering. Washington might consider channeling assistance through multinational agencies to avoid charges of political string-pulling. That would help mute the charge that the U.S. cares only about preserving the status...
...Street's axiom that"go-go" funds can seldom put together two good years in a row because it is almost impossible consistently to pick stocks that will spectacularly outperform the mar ket. Last year's rich winners were those fund managers who correctly foresaw that the market would rally after President Johnson's renunciation. This year those managers failed to anticipate that the market would tumble after bankers raised the prime rate to 81/2% in mid-May. Many of the go-go funds were loaded with thinly held stocks of nursing homes and computer-leasing firms...
...surprising that funds specializing in volatile issues tend to win big in rising markets and lose big in falling markets. In addition, a number of the newer funds are run by self-confident young men who, after their great gains in past years, have become convinced of their own infallibility. Now these portfolio managers must decide whether the market's upswing last week - when stocks rose about 2% - marks the beginning of a summerrally. One of the most successful young money managers admits: "I would be happy if we just broke even this year...
Particularly in the U.S. West, the family that used to boast two cars in the garage now has one car and a truck. A market survey by Ford disclosed that 65% of all light trucks-or 1,600,000 units-are used for fun and personal traveling. They helped to boost truck sales to an alltime high of 1,900,000 units last year, and the figure is expected...
Calling itself "Holy" and its tradition "Sacred,' a sect considers any "attack" on it too wicked to be tolerated in the public press. Would any but a group unsure of itself deny its critics the opportunity to sell their points of view in an open market of ideas? Is that which must protect itself by such censorship really worth protecting...