Word: slowest
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Fancy bookkeeping or not, Chrysler will be hard pressed to stay in the black for the rest of the year. Even though it has sharply reduced the size of its operations and drastically cut costs, the company is headed into the year's slowest selling season. Sales will also be sluggish if interest rates remain high. lacocca last week predicted a good second half of the year for Chrysler and the rest of the industry if interest rates drop to 15% or less. But he added: "If they stay at 20%, look out-it will be disaster...
They come in campers and station wagons, sports cars and sedans, creeping across the valley behind the slowest trailer. They forsake the beaches of Malibu and Carmel, the glamor of San Francisco and Bel Air. They leave behind the concession stands, theaters, and baseball diamonds and head for the mountains. They seek Yosemite, Sequoia, and Kings Canyon--for the unmatched, glacier-carved grandeur of John Muir's "Range of Light...
...heard nothing about Reagan's wage and price policy. Without wage and price restraint, no strategy against inflation is realistic. Reagan would simply return to the discipline of the marketplace-the same discipline that has GM, Ford and Chrysler raising prices in the face of the slowest summer auto sales in almost 20 years...
...slowest off the mark has been the federal Commodity Futures Trading Commission, which is responsible for maintaining orderly markets. To learn the identities of the big silver players, CFTC staff members have been talking to bankers and brokers who have been doing much of the buying and selling for clients. So far, the commission's main accomplishment has been to file suit against the Banque Suisse Populaire, headquartered in Bern, Switzerland, for failing to divulge its list of silver clients...
Short on talent, depth and finesse, the Brandeis squad offered only occasional resistance while displaying some of the slowest pairs of feet on the East coast. The hoopsters, who upped their record to 2-3, played complacently for most of the game, allowing the Judges to stay within striking distance, but the Crimson did explode for several bursts of superb offensive execution...