Word: rosee
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Dates: during 1960-1969
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...course, is no longer necessary. However, there is a difference between a nation's rational and emotional needs." Presumably, the emotional needs of the U.S. are satisfied by having Princess Kay of the Milky Way, the Cherry Blossom Queen, the Queen of the Snows, the Raspberry Queen, the Rose Bowl Queen and thousands of other pseudo-royalty...
Especially disturbing was the soaring death rate. On an average weekend in New York, five heroin fatalities are reported, but during the last weekend in June the number rose to 24, an increase of almost...
Generally, the funds that rose the fast est last year fell the fastest this year...
...falling markets. In addition, a number of the newer funds are run by self-confident young men who, after their great gains in past years, have become convinced of their own infallibility. Now these portfolio managers must decide whether the market's upswing last week - when stocks rose about 2% - marks the beginning of a summerrally. One of the most successful young money managers admits: "I would be happy if we just broke even this year...
...contrast, the larger, older funds, which tend to balance their investments between growth stocks and blue chips, stood up fairly well in the declining mar ket. Investors Mutual, the largest of all, fell only 4.1% and rose in the standings from 245th place to 33rd. Massachusetts Investors Trust fell 4.5% and moved up from 228th to 38th. Normally, any losses at all would be nothing to crow about, but so far this year only 95 funds have managed to out perform the Dow Jones average, which dropped...