Word: rising
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Dates: during 1980-1989
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Consequently, even those troubled by vague worries that the market cannot go straight up forever generally think that the rise can and will be prolonged for a while yet. Furniss says that before the cops break up the party, "I would not be surprised if we reached 2800 ((on the Dow)) within a week and 3000 next month." Many others believe the surge could last another year or even longer. Some reasons...
Though most of the $2 trillion rise in equity values has been paper profit, some of it has been cashed in by sellers of stock and has found its way into purchases of houses, cars, jewelry, and college educations for children. In addition, many households have borrowed against their stock holdings. The more important effect probably is psychological: people who see the value of their investments rise feel richer and freer to spend. Though the stock market is often thought of as a kind of casino for the rich, an estimated 50 million Americans, or more than a fifth...
...today his skills are more respected, and he tells proudly that the bank was willing to lend him money to buy his last truck. "I got a boy, though, he's 23, and he won't cut wood. Says it's too hard." Ray paused, watched the cigarette smoke rise in the still air. "Course he ain't no bigger than a bar of soap neither...
...city. Rather, the emphasis of both government and private philanthropy must be on helping the black underclass escape the social isolation of these inner-city wastelands. What successes there have been come not through cosmetically improving the ghettos but by providing residents with opportunities through jobs and education to rise out of them. Saving people, not inner-city neighborhoods, may be the only way America can redeem the promises that were made against the charred urban landscape of that terrible summer...
With this evidence, Kennedy maintains that the United States is in the midst of a decline from its position as the world's premier power which parallels Great Britain's demise in the late 19th and early 20th centuries. Curious historical circumstances after World War II allowed us to rise to world dominance, economically and militarily, and now history is righting itself. A country should only have as much power as her population and natural resources allow, Kennedy believes. Because we have only 16 percent or so of these commodities, when history has fixed itself, we will possess only that...