Word: outlook
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Dates: during 1980-1989
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...only trouble is that this bull market has been promised for a decade. And for the short-run 1982 outlook, many brokers are pessimistic. Last week's sudden market fall on Tuesday was indicative of the nervous and often dour mood along the street. The drop was set off by a downbeat interest rate forecast by Henry Kaufman, the influential chief economist for the investment banking firm of Salomon Bros. Kaufman, who has built up a very good record of interest-rate projecting over the past decade, has developed an almost cult following and a strong influence on stock...
Equally unsettled is the outlook for SelectaVision, the high-tech consumer product that RCA has been counting on to grab a share of the booming $2.5 billion home video programming market. Though RCA has so far sold 60,000 SelectaVisions, the company predicted that it would sell 200,000 last year...
...first glimmerings of the supply-side economic prosperity that Ronald Reagan promised would be the hallmark of his Administration. Such was the sobering conclusion of TIME'S Board of Economists last week as it met in New York to survey the year now ending and the economic outlook for the one soon to begin...
Nonetheless, the consensus outlook shows the economy continuing to decline into early next year, and then picking up at about midyear. Preliminary Government figures released last week showed business declining at a steep annual rate of 5.4% in the fourth quarter. TIME'S board predicted that the pace of the slump will slow to 2.2% during the first three months of 1982. Then, by the second quarter of the year, the plunge should have leveled off, with no more than about 0.2% of decline in G.N.P. In the second half of the year, the economy is expected to snap...
...bright spot in the forecast was the board's encouraging outlook for inflation. From a peacetime record annual rate of 18.2% in the first quarter of 1980, the level of consumer price rise has slowed fairly steadily in recent months. The board expects that inflation for 1981 as a whole will be 9.6%. During the first half of next year, the pace of price increases will continue dropping, perhaps to a low of 6.8%, but in the second half of 1982, when the economy starts to pick up speed, the rate of inflation may also go up. The board...