Word: plummetted
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Dates: during 1970-1979
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...government devalued the escudo by 58%. That action severely chopped into the buying power of all but the wealthiest consumers. In addition, the junta has largely scrapped Allende's heavyhanded controls on prices, which were kept so low in relation to costs that farmers and businessmen let production plummet for lack of a profit incentive...
...single-page Janeway Letter plus the right to phone questions directly to Janeway. His two weekly publications alone yield a gross income of $417,000. He correctly predicted the market plunges of 1962 and 1970, but was prominently quoted as forecasting that the Dow Jones industrials would plummet to 500 last year (the year's low was actually 889, and the high 1036). Janeway now argues that there was no time frame for that prediction; he still believes that "we'll have another test of the Dow Jones" in the 500 area. Pessimistic about stocks because interest rates...
...alarmed not only brokers but the heads of many companies whose shares are traded on stock exchanges. They fear that if trading is totally dominated by institutions the market will become erratic; for example, if several institutions decide to dump a stock at the same time, its price will plummet even though the company may be doing well. Heads of 250 corporations that are listed on the American Stock Exchange have now formed a Committee of Publicly Owned Companies that, among other things, will lobby against any further increase in commissions for individual investors or any further cuts for institutions...
...going home, trudging. Her legs move, putty-like; but like putty poisoned with lead. The legs lift, one after the other; arch, and plummet down. The motion is achingly slow, or so it seems to her. To the world's eyes, it is graceful. To the world, incredibly sensuous. She is going home...
...said that resurgent activism by the Graduate Student and Teaching Fellow Union has not prompted him to speed up his search. "If anything, I would not want to plummet the new dean immediately in the middle of a controversy without giving him an opportunity to reflect about the problems he will face," he said...