Word: recoverers
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The stock market, meanwhile, has turned bullish with the Dow Jones industrial average moving up from around 795 in March to close last week at 857.78. Market players have already bid up issues that represent basic necessities like food, beverages, drugs and household cosmetics, which could benefit from disinflation. Pillsbury...
The Administration tried hard to reduce the damage to its relations with Latin America. Secretary of State Alexander Haig wrote to members of the O.A.S. last week, assuring them that the U.S. is sensitive to their anticolonial concerns. He said that the U.S. sided with Britain only to uphold the...
The fear-of-inflation hypothesis is a good explanation for why long-term bond and mortgage rates are high. It does not fully explain, however, why banks are charging 16½% on short-term loans, at a time when no one is predicting that inflation is about to reignite. Many...
The Celtics led, 101-98, with only 1:06 to play after Nate Archilbald made one out of two free throws. But Boson was unable to recover from Johnson's connection when M L Carr missed a last second desperation jumper.
Two minutes into the game. Princeton senior Rip Wilson bounced a shot off a defender's foot and past Harvard goalie Tim Pendergast. A minute and a half later, teammate Gerry Bocon connected on the first corner of his hat trick from in close Four minutes after that, Steve Delligatti...