Word: peakes
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Dates: during 1960-1969
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When will the market peak out and start the plunge that signals a coming recession? Many analysts expect a big dip within a year. Most pessimistic is Alan Greenspan of Townsend-Greenspan, who says: "The peak of the bull market will be in the early spring, or at the latest by midyear." Most optimistic is Edson Gould, partner in Arthur Wiesenberger & Co., who believes the Dow-Jones index may reach 953 before a major downturn. "I expect this market to go on for most of 1962," says he. "If the bull market is over much sooner, it will...
Thomas Brackett Reed of Maine, the son of a sailor, was a giant of a man (6 ft. 3 in., 275 Ibs.) who ruled the House by brute genius, and raised the speakership to a peak of authority. By refusing to entertain "dilatory motions" (i.e., anything he disliked), Republican Reed won arbitrary power over the calendar of legislation. By counting silent members as present, he frustrated the Democratic minority's parliamentary ploy of preventing a quorum by refusing to vote. The "Reed Rules," many of which are still in use, ended House filibusters for all time. Reed was known...
...fourth brush with violent death, Sukarno was 100 yards away when a grenade exploded near his stalled car in the south Celebes city of Makassar. As always, the escape raised Sukarno's prestige to a new peak among his superstitious countrymen and served his immediate strategy. At a Djakarta reception next night, he cried dramatically: "They tried to kill me." Aides left no doubt that by "they" Sukarno meant the Dutch, although no one knows who actually planted the grenade. Communist China's Chou En-lai sent Sukarno a message condemning "imperialist ruffians." Khrushchev sent a "sincerely rejoicing...
...brink of Glacier 511, below the peak of Peru's highest (22,205 ft.) mountain, a block of ice the size of two Empire State Buildings had broken loose with an explosive crack and plunged down the mountainside into a funnel-like canyon above a cluster of eight villages around Ranrahirca (pop. 2,456, according to last July's census). As it tumbled, the ice mass smashed into house-sized chunks, knocked loose millions of tons of boulders and mud, and grew into one of the endless huaycos (landslides) that make life on Peru...
...theatrical opera tells the story of Salvatore, a shabby, greying voice teacher who falls in love with Formica, a curvy voice student. Later, in a fit of jealousy. Salvatore strangles Formica at the peak of a coloratura run. In prison, the murderer's only companion is a queen ant that has flown in the window, and Salvatore comes to believe that the ant is his dead beloved...