Word: predicting
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Dates: during 1980-1989
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Still, not everyone is eager to leap into stocks. Some investors continue to hang back out of fear that the economy will prove weaker than experts now predict. Says David Jones, senior vice president of the brokerage firm of Aubrey G. Lanston: "This is a case where the market is only reading the good news it wants to hear." The bad news that Jones sees is the runaway federal deficit, which might range up to $200 billion in the coming fiscal year. High deficit spending could lead to heavier federal borrowing that would drive interest rates back up again...
...slow, so gradual, that all you notice is a slight diminishing of some of your faculties," he said solemnly. What the elderly want is "to be thought of as just other people. They need love. They need compassion." He concedes that attitudes toward the aging are improving and predicts that this will get much better when, as demographers predict, the elderly constitute an even larger share of the nation's population...
President Reagan has until Aug. 6 to reappoint Volcker to a new term or name a successor. But experts predict that he will probably act sooner, perhaps in early June. Waiting any longer would create great uncertainty in world money markets and not allow time for a smooth transition in case Volcker does not stay. On the other hand, Wall Streeters believe Reagan is unlikely to move before the late-May meeting in Williamsburg, Va., of the leaders of the seven leading industrial powers...
Today's "Friends of ROTC," however, is likely to be less controversial, veterans of 1969 predict. Pipes, one of the Faculty sponsors of the group, feels that, simply on the grounds of freedom of speech, the club should exist. What's more, Pipes contends. "We need good officers, and Harvard, as part of an intellectual elite, and other schools like Harvard, should provide their share...
There have been a few signs of a temporary truce in the gas war. Last month Arco raised the price it charges its dealers by 30 per gal. Some analysts predict that prices everywhere will rise about 40 to 60 per gal. at the beginning of the summer, with the onset of the heavy driving season. Even so, with refiners scrapping for a share of a declining market, there are likely to be more salvos in the price-cutting...