Word: mutuals
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Dates: during 1980-1989
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...individual investors, who pulled $84 billion out of stocks last year, seems to be a key reason for the market's strength. "You can't get 150 million-volume trading days without the participation of the individual investor," notes Monte Gordon, research director for the Dreyfus Group of mutual funds. Concurs Furniss: "Individuals had been poised on the sidelines, waiting for a signal to jump back in. Now they expect something to happen...
...four continuing members of the ACSR are: Milton C. Weinstein, professor of policy and decision sciences in the School of Public Health; Theodore Chase '34, a retired lawyer; Ernest Monrad '51, of Northeast Investors Trust of Boston; and Joan Keenan '45 of the John Hancock Mutual Life Insurance Company...
...question was left hanging in the air. Reagan does not know the answer. Nobody does. He let his imagination go to the brink of the unthinkable in order to dramatize his distress over the nuclear doctrine of the Soviet Union and the U.S. Their mutual safety depends on their mutually assured destruction. "There's something so immoral about it," he said quietly...
James' enormous output owed something to both his energy and his generous life span; he reviewed regularly for 51 years, and was able to comment on a new novel by Charles Dickens (Our Mutual Friend) in 1865 and a posthumous collection of letters by Rupert Brooke in 1916. Also, his career happened to coincide with an expanding market for his skills. Literacy on both sides of the Atlantic was spreading, and new publications in the U.S. and England rushed into life to meet the demand for reading matter. James profited from this development, but he also, with characteristic hedging, deplored...
...when those weapons could be rendered "impotent and obsolete" by deploying an array of kinetic-energy projectiles, lasers, directed particle beams or other exotic devices that would prevent enemy warheads from ever reaching their targets. No more threat of intercontinental mass homicide, no more superpower suicide pact, no more Mutual Assured Destruction. In place of that MADness would be pure protection: a defense that defends and a deterrence that deters by threatening to destroy weapons, not people...