Word: predicters
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Dates: during 1960-1969
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...Wall Street professionals expect the market as a whole to keep going up as sharply as it has in recent weeks. Some predict a fall-off in prices, because stocks in the Dow-Jones industrial index are now up to an average of 18 times earnings. Others argue that the effect of any tax cut has already been taken into account by investors, and point ominously to last week's Commerce Department report that capital spending, now running at a record annual rate of $38.4 billion, is likely to decline slightly in next year's first quarter...
Echo & Jet. Overall, toymakers predict a record Christmas this year ("a billion-dollar season," says Arnold Bolka of Manhattan's Toy Guidance Council) and are spending $15 million on TV advertising. However, discount selling may shrink the profits of many dealers who cut prices as Christmas nears. Among the most-asked-for items that will find their way beneath many a seven-foot vinyl (flame-resistant, colorfast, $9.98) Christmas tree this season...
...easier to see the split than to know how to exploit it. British Foreign Secretary Lord Home was heard last week to predict that "some time, sooner rather than later, it will be revealed to the leaders of Russia that her ties are with the West." But this kind of choosing favorites between two countries that are insistently Communist may have the unintended effect of compelling Moscow to get tougher again in order to counteract some of its Peking critics and to prove it has not sold...
...next vear, Government economists predict no fall-off in apartment building, but no sudden spurt in single-home building. It looks to them like another year of 1,400,000 private, nonfarm housing starts, worth $18 billion to the economy...
Like the outcome of the game or the condition of one's roommate on Sunday morning, what will happen in Harvard Square during Yale weekends is a difficult thing to predict...