Word: strategist
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...Friday the Dow Jones industrial average plummeted more than 100 points for the first time in history, dropping 108.36. In just one day, the value of 5,000 common U.S. stocks slid $145 billion, or 4.9%. "We're all stunned. Everything happened so fast," declared Byron Wien, portfolio strategist for the Morgan Stanley investment firm. Wall Street's computer-trading mechanisms, which brought so much efficiency to a rising market, were working just as efficiently in reverse. During the week the Dow fell 235.48 points, a record for a single week, closing at 2246.73. Since Aug. 25, when...
...number of people in the press and party, Biden came across as a glib wise guy, a candidate of style rather than substance. Says a Democratic strategist of his fellow pros: "This is a fairly liberal bunch, and we saw Biden trying to appropriate the liberal mantle with rhetorical tricks." Accusations of plagiarism thus hurt as almost nothing else could. They turned Biden's strong point, the passionate oratory that could bring a crowd to its feet, into a subject for ridicule and fed deep suspicions about his ability to be President...
Robertson's now proven ability to ambush conventional candidates still does not make him a serious contender for the nomination. Even Paul Weyrich, a conservative strategist with whom he is ideologically compatible, thinks the most Robertson can achieve is a "realistic shot at determining the outcome" by controlling a pivotal delegate bloc. Robertson runs poorly in national surveys, fifth out of six candidates in a September TIME poll...
...markets, overseas investors are gobbling up U.S. stocks at a $39 billion annual rate this year, adding to their previous holdings of $167 billion. In the first three months of 1987, the Japanese bought $3.5 billion in U.S. stocks, while the British spent $2.4 Says Byron Wien, domestic portfolio strategist for the investment firm Stanley: "The Japanese are buying at four times the rate of last year...
...runs, Nunn's strategy is likely to be South Toward Home. He would probably downplay Iowa and hope to survive New Hampshire in the middle of the pack. "Nunn understands that he can't run as the 'conservative' in the race," says a Democratic strategist who has helped develop a possible campaign plan. "He would have to run as the tribune of the rank-and-file Democrats, the people who are locked out by the special interests and the activist establishment." Vital to a Nunn candidacy would be his likely support by the black leadership of Atlanta, especially John Lewis...