Word: sprees
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Dates: during 1960-1969
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...market's N.Y.S.E.'s performance reflected another lively argument-the one among securities analysts about the market's actual strength. Those of bearish mind argue that higher income taxes will shortly begin to quell the consumer buying spree that has kept the U.S. economy humming. As evidence that there is little real steam behind the market surge, they cite the fact that trading volume on the Big Board has slipped below its spring torrent. The bulls point to such rosy predictions as last week's forecast by the National Association of Business Economists that the economy...
Confounding the Forecasters. The economy's summer performance has indeed surprised almost everybody. "The consumer has confounded the forecasters by spending as much money after the tax increase as before," says Leif Olsen, senior vice president and economist of Manhattan's First National City Bank. That buying spree has been especially notable in autos, appliances and clothing. Retail sales not only jumped 3% in July to a record $29 billion, but climbed a bit more during August. Early figures for September indicated that shoppers were spending 9% more in the stores than they were a year earlier...
...that the bishops "get someone to take you." A few episcopal frowns, of course, were directed at the whole idea. Said the Rt. Rev. Oliver S. Tomkins, 60, Bishop of Bristol: "If there are some visiting bishops who can afford to turn their spare time into such an expensive spree, they could have been left to find out for themselves...
Lifetime Diary. Instead, he made a name for himself with The 400 Blows, a title derived from a French slang expression "faire les 400 coups," meaning "to go on a spree." The movie told the mordant story of a disintegrating childhood that was half autobiography and half poetry. Truffaut later observed that "a director's total work is a diary, kept over a lifetime." This first entry revealed hints of the style that was to follow: despair that could add up to an affirmation of life, poignance that never stooped to self-pity, Mack Sennett farce that could dive...
...paperwork snarl-by a considerable margin the worst in Wall Street history-began when President Johnson's Viet Nam peace moves sent stocks on a spring spree. Since April 1, Big Board trading has averaged 14 million shares a day, up 40% from the first quarter. The smaller American Exchange has been hit by a 50% increase to 7,500,000 shares a day. In consequence, brokers have been unable to deliver stock certificates to customers within the allotted five business days after they are bought or sold. Compounded by increasing clerical errors, the discrepancies and slippages by last...