Word: strategist
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Dates: during 1990-1999
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Congress is paying close attention to the Army's efforts. If they succeed, some lawmakers say, the Army might be able to do a lot more with far less. Richard Perle, a top Pentagon strategist in the Reagan Administration, says the Army's trade of "manpower for technology" could ultimately cut in half the service's force of 495,000 soldiers...
...course, then, he would have been interested in seeing these two "esteemed" panelists, the former a strategist, the latter a spinmeister--both television celebrities. Substantively, the panelists did have something to offer, or at least Carville did. But that is probably not what prompted the worker to become so interested in these Washington players. More likely it was his having seen their lovely mugs on TV: Carville hawking his book on Letterman, McCurry explaining away the President's foibles on C-Span...
There is reason to believe, however, that the two men will fall back on their instincts for cautious progress. Assessing Lott's legislative successes last summer, Republican strategist Ken Duberstein observes that "Trent understands that we're a nation of incrementalists who like our progress in bite-size portions." And Clinton, after the failure of his massive health-care program in 1994, seems to have reached the same conclusion. So it is likely that the courtship of Washington's hottest couple this year will look like this: Trent and Bill, holding hands and taking, if not a leap, then...
...stocks. That's not how they put caviar on the table. Their job is to set a target and, after it's reached, set it higher. For them it pays to snort like a bull even when they feel like a bear. Take Barton Biggs, the well-regarded global strategist for Morgan Stanley. He warns that "stocks almost everywhere are at record valuations, euphoria is epidemic and the bull market cycle has got to be long in the tooth." Yet he says buy more stocks...
...American Medical Association has just introduced its own financial guide -- a listing of 53 tobacco-free mutual funds. Yet despite the looming threat of massive legal settlements, shares in tobacco firms like Philip Morris and RJ Reynolds continue to do well. Hugh Johnson, First Albany?s chief investment strategist thinks one factor supporting tobacco shares is growing investor concerns that the stock market may be due for a major correction. Reason: people smoke more when they?re nervous. And when the economy seems uncertain, investors tend to turn to the food, tobacco and pharmaceutical firms that make the products that...