Word: predictible
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...BOSTON--It hurts to predict the Red Sox to place behind the Yanks, but the Swami seeks the truth. The Sox will be able to score runs, but expect for the days when El Tiante and Bill Lee are throwing, the opposition will probably score more...
...unmistakable signs that confronted with a hard choice, the U.S is opting to stimulate the domestic economy, by reducing interest rates, instead of protecting the dollar in foreign money markets. New figures confirm that the money supply is being substantially expanded. Few bankers and economists are ready to predict that Federal Reserve policy will shift any time soon toward stiffer interest rates, even though the Fed views the dollar's weakness as an important constraint on U.S. monetary policy...
Spring Vacation. Reviewed by Michael Massing in today's Scrutiny, above. Crimson meteorologists and haruspices predict a less-than-splendid spring break, especially for those staying in the Harvard area. Tomorrow through April...
Other policymakers and private economists increasingly feel that the recession's low will be reached around June or July. A few predict that it could come as soon as April. One major reason is a rise in consumer confidence, owing in part to the rapid fall-off in the rate of inflation, from 12% late last year to slightly more than 6% now. Rising confidence, a key to recovery psychology, has buoyed the stock market. The Dow Jones industrials have jumped 22% in two months on heavy trading volume. Albert Sindlinger's Consumer Confidence Index turned...
...added purchasing power on an annual basis. By that reckoning, American consumers will have the equivalent of an extra $70 billion to $80 billion to fuel the recovery during the rest of this year, if inflation goes down to 6% or less and holds there, as a few economists predict, and taxes are reduced by more than $20 billion. Says Murray Weidenbaum: "It now seems probable that the worst may be over. The odds are that 1975, the year that began on such a pessimistic downbeat, will end on an optimistic upbeat...