Word: pointedly
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Dates: during 1980-1989
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...questions about passenger-jet safety were raised last week in the midst of the busy summer travel season. The Air Transport Association, an industry trade group, reported that U.S. carriers are facing a serious shortage of mechanics even as demand for them is growing. Meanwhile, as if to point up the understaffing in the hangars, several airlines were forced to abort flights because of mechanical problems...
...Gorbachev's plan to put the question of a new Committee for Constitutional Supervision to a vote. Considering the importance of constitutional issues for the republics, the Lithuanians wanted more time to discuss the makeup of the committee. Gorbachev compromised and referred the matter to a commission. From the point of view of the pragmatic Estonians, it was a case once again of the Lithuanians "mounting a charge on white horses." But Popular Front leader Virgilijus Cepaitis sees it differently: "We have been giving lessons to Moscow, and they have been accepting them. We are helping Gorbachev by showing...
Some Wall Streeters are experiencing acrophobia. Others talk of vertigo. Whatever the buzz word, the feeling is the same: stock speculators have suddenly become woozy about the market's new heights. After a 230-point rise in 1988, the Dow Jones industrial average has zoomed more than 500 points this year, 200 just since the beginning of July. "I've been on this trading floor for 39 years, and I've never seen a market go up so fast for so long without a major break," said Donald Stone, a specialist in consumer stocks on the New York Stock Exchange...
Propelled by good economic news, the Dow pushed ahead an additional 30 points last week in volatile trading, despite heavy profit taking in the final hours Friday. The Government announced that wholesale prices in July fell 0.4%, their biggest monthly drop in three years, which signaled that inflation is ebbing. During the same month, retail sales rose 0.9%, a surge that reassured investors that the economy has not stagnated. Before closing at 2683.99 for the week, the closely watched index briefly topped the all-time record of 2722.42 it set on Aug. 25, 1987. That was the heady peak from...
...that the Dow has made a nearly 1,000-point recovery in just under two years, Wall Streeters are asking, Can it happen again? Is this boom any different from the last one? "Stock prices have been climbing a wall of worry," says Robert Farrell, the chief market analyst at Merrill Lynch, who sees "a significant correction on the horizon...