Word: riskier
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Dates: during 1960-1969
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...high hopes for a bill, now being considered in the Senate Subcommittee on Antitrust and Monopoly, that would permit foreign insurers to operate more freely. In any case, Lloyd's is not really worried about the future. It believes that, year after year, the world is becoming a riskier place...
Last week nearly 33 million Italians went to the polls for national elections and rewarded their experimenting Premier with a jolting setback that cost his party 730,000 votes and may well cost him his job. The apertura might survive, but its future-like Fanfani's-would be riskier than ever. Ashen-faced, the pint-size (5 ft. 1 in.) Premier faced reporters in the Chigi Palace on election night with uncommon shock. "The Christian Democrats,'' he declared, "have been declared as the relative majority party, even if by a narrower margin than before...
Many market professionals expect that the gap will narrow a bit more, but few anticipate that stocks will yield more than bonds in the foreseeable future. The often-expressed notion that stocks should pay more income than bonds because they are riskier is scouted by New York University Economist Jules Bogen. Says he: "Stock yields should average lower than bond yields in the long run because only stocks offer the benefits of growth. The lines of stock and bond yields will cross only if the outlook for the economy becomes a lot darker than it is now and investors become...
...have either left-hand or right-hand traffic in a country," said Socialist Premier Tage Erlander, whose country is the last in continental Europe where traffic still follows the British custom and keeps left. "Whoever insists on driving in the middle of the road will find life riskier than he supposed." Last week in a record 81.7% turnout of voters, Erlander's Social Democrats won exactly half, or 116 of 232 seats. With Communist support on some issues and Liberal support on others, they will have no trouble staying on in power. Once again, Sweden had chosen to stay...