Word: mutually
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Dates: during 1990-1999
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...what to run in a mutual race together or...do we want to run our separate ways," said Dinh...
...extension of what companies are already doing with direct-marketing campaigns," says Tomlin, "only we can do it more effectively." That's because the consumer does most of the work. The payoff for Consumer's Edge? "If you join an auto-buying service or order a mutual-fund report, we'll get a little piece of the transaction. If you get a loan or a lease, we'll get a finder...
Prime time turned out to be the Web. Next month, fueled by a second cash infusion from investors that include Vulcan Ventures, SoftBank, American Express and the Washington Post, Consumer's Edge will unveil its site, with channels focused on cars, mutual funds, colleges, bicycles, home-office equipment, restaurants and choosing a city to call home. By year's end Tomlin hopes to have 20 channels, including ones devoted to travel, careers, entertainment and consumer electronics...
...trouble. Its newfound interest in little people is unmistakable evidence that individuals wield more clout on Wall Street than ever. There may not be any immediate benefits, but long-term this is very good news. Capital and clout go hand in hand, and the popularity of mutual funds and 401(k)s means regular Joes and Janes are amassing pools of money faster than institutions. Morgan sees that and is doing what it does best: following the cash. Other big outfits such as Salomon Brothers and Goldman Sachs are moving in that direction...
...well: The Standard & Poor's 500 and the New York Stock Exchange composite index both set new records. Can anything stop this expansion? The economy is continues to grow at a moderate rate, keeping inflation and interest rates low. As a result, investors continue to pour money into mutual funds: Stock and bond funds received an additional $27 billion last month. The six-year bull market, which has seen the Dow rise from around 2,400 in 1990, shows little sign of letting up. All that good news has investors confident of still higher markets, which is exactly what worries...