Word: mutuals
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Dates: during 1980-1989
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Many portfolio managers, meanwhile, have been concluding that stocks are overpriced in relation to investments like bonds and have begun to dispose of some holdings to trim their risk. Cooperman noted that stock mutual funds now have just 7.3% of their assets in cash, compared with 12% in August 1982. The low current figure suggests to Cooperman that the funds are almost fully invested and will now be taking money out of stocks...
...largest applause during the 20-minute speech came in response to the former South Dakota Senator's call for a mutual reduction in both nuclear and conventional weapons...
Sarid then presented what he called the "Archimedian Point" of the Palestinian problem (and of the Middle East conflict as well), being--"mutual and simultaneous recognition of the right of self-determination of the two nations." This was the first in a line of three principles that Sarid detailed. The second principle dealt with the question of whom Israel should carry on negotiations with: "Israel should talk peace with anyone who adopts this first principle of mutual recognition. Whoever recognizes Israel's right to exist as a sovereign, secure state in the Middle East, should be considered...
...positions. Britain, always a reluctant member of the MNF, now regards an accommodation between President Reagan and Syrian President Hafez Assad as essential to any Lebanese solution. London has concluded that Gemayel must step down and that the May 17 accord between his government and Israel, calling for the mutual withdrawal of Syrian and Israeli forces from Lebanon, is effectively meaningless...
...President to continue admonishing the Soviets, and it is supremely tactless for him to do so at a funeral. Instead, the Reagan administration itself should take this opportunity to try to improve relations: a trip to Andropov's bier would be the first step toward forming the basis of mutual respect which has been entirely missing from our cold-warrior relations...