Word: slump
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Louis, too, luck was running out. The Cards, in their worst batting slump of the year, scored only five runs in four games and were lucky to win two of them. Then the Chicago Cubs beat their No. 1 pitcher, Howie Pollet, and the Cards lost the last trace of their slim lead...
...time the stockmarket slump reached Southern California, it had become for many a storybook affair concocted of wishful thinking. "It's manipulation and you know it is," snapped an angry Los Angeles businessman...
Distance was not the only factor which insulated many businessmen against belief in a bear market and the business slump it presaged. The volume of retail trade was also good insulation. Throughout the U.S., retail trade was 30 to 35% above a year ago; retail profits were even higher. Last week Sewell Avery's Montgomery Ward reported $20,558,000 net profit for the six months ending July-nearly three times as much as a year ago. There was other insulation: Bror Dahlberg's Celotex Corp. (wall board, asphalt and gypsum products) piled up profits...
...blurted out hints of war in his Sunday broadcast, had started the avalanche. His big "boo" may have shaken a few timid souls, but no more. Other explanations: the revival of OPA, wage boosts, strikes, production bottlenecks, big inventories, or simply an it's about time slump in the 52-month-old bull market. Said the New-Dealing PM: "There's something wrong with the way America is being managed...
...realignment of the U.S. economy which would, among other things, bring down commodity prices and step up labor efficiency. After World War I, the 1920 recession had done that. Then stock prices had tumbled, some six months before the recession came. Most businessmen now expected a similar slump to bring down commodity prices and step up efficiency when much of the present demand is met, some time next year. Until that occurs, many a Wall Streeter was betting that the market will either 1) go lower or 2) back & fill...