Word: spurt
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Dates: during 1980-1989
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...argument among investors and market watchers is whether they are witnessing just a brief spurt or a true second leg on the bull market that would take the averages even higher. John Paulus, the chief economist for Morgan Stanley, the investment banking house, had a note of caution. Said he: "The economy still has a good deal of upward momentum, which will have to be moderated by rising interest rates at some point. The gross national product rose 8.8% in the first half of the year and is now moving ahead at between 4% and 5%. That is still...
...golden age" before the first oil crisis in 1973, the slow upward creep of unemployment-now at 12.5%-has not halted. The problem, according to Brittan, is that labor is taking the fruits of the economic upswing in the form of higher pay rather than in more jobs. The spurt in corporate profits, up 25% last year and expected to continue rising, could gradually encourage employers to hire more workers, Brittan believes...
...March 28 the worst single day of violence in seven weeks. The heavy shelling led to urgent consultations among Lebanon's warlords, and President Amin Gemayel convened the first meeting of the security commission created at the Lausanne conference. A tenuous cease-fire seemed to end yet another spurt of chaos...
Boston College (18-12) trailed 28-24 at halftime before jumping ahead 39-32. But Kempton and Sluby, who each finished with 20 points, scored six-points each in a 14-4 spurt that put Notre Dame in from 40-43 with 8:16 remaining...
Illinois took the lead for good with eight straight points to go up 14-6 with 8:36 left in the first half. Altenberger triggered the spurt with two jumpers...