Word: morgans
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Dates: during 1980-1989
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...August, a run-up that ranks among the best of any industry. Says Robert Joedicke, an airline analyst at Lehman Brothers Kuhn Loeb: "Airline profitability is entering a recovery period that should gain momentum during 1983 and continue for several years." A report from the investment banking firm of Morgan Stanley puts it in plainer English: "Every portfolio should have an airline stock...
...public is also interested in a wide range of trivia. For instance. "Would Harvard University investigate the year of J.P. Morgan graduating from Harvard University?" "Who owns Harvard University?" and "Can you also send me a catalog listing and describing all the products which Harvard University will sell me or students....I am a friend of the Kennedy family...
...measuring the debt service payments for 1983, we go beyond the conventional method, which includes interest payments and amortization of principal for medium-and long-term debts. Morgan Guaranty also counts short-term debt, because a country that faces a liquidity problem should not assume that short-term credits will routinely be renewed...
...Morgan Guaranty Trust...
...equally savage blast comes from Michael Evans, chief economist for the Wall Street investment firm of McMahan, Brafman, Morgan & Co. Evans, a fallen-away supply-sider, blames high unemployment on the monetarist theories of 1976 Nobel Laureate Milton Friedman, who holds that slow and steady money growth is the key to economic health. Evans charges that some overzealous Friedman followers believed that the money supply could be squeezed without harming the economy. Says he: "Those people are now proved to be nuts, and they're gone forever. That aspect of monetarism belongs on the trash heap of economics...