Word: peakes
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Dates: during 1950-1959
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...other hand, the Aussies' Hoad and Rosewall have not yet reached their peak...
...bearish] effects of low sunspot activity." Nobody thought that stock prices would go up forever. In fact, Wall Streeters were looking for a good-sized "technical" reaction-simply because the market had gone up so fast with hardly a breather. But no one thought that it had reached its peak. Just as Americans had become accustomed to;-an evergrowing economy, there was no reason why stock prices, which lagged for so many years, should not finally get in step with the growth of the economy...
...happen if the funds should start unloading. But they could not do that without breaking the market for their own holdings, nor were they in any mood to do so. They bought for the long term, well aware that an investor who had bought stocks even at the 1929 peak-and held on through depression and wars-would by now have had a 37% profit in General Electric, an 87% profit in Sears, Roebuck, an 800% profit in Dow Chemical. As one Wall Streeter said, "The big boys aren't looking at the Dow-Jones...
...year to come. This is how some of our last year's predictions stood up against the news of 1954: we predicted a production of 5,500,000 autos; the final figure is 5,500,000. We said there would be 3,500,000 unemployed; the peak figure was 3,725,000. For refrigerators we estimated 3,500,000 units would be produced; 3,425,000 units were turned out. We expected a drop in the gross national product of not more than 5-10%; the actual figure was around 3%. Last year's story also told...
...week before. Among the leaders were Douglas Aircraft, up 5⅛ one day, and 9 the next, to 113; Houston Oil and Mid-Continent Petroleum each rose more than 7 points. The market was also given a big boost as steel production climbed to 82.1% of capacity, a 1954 peak. Bethlehem went up 9⅜ points for the week, to 104⅛; U.S. Steel rose...