Word: swiftest
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Happily for the economy, and for Reagan, there are few signs of a fall-off yet. Quite the contrary; auto sales are the highest since 1978, and production of all goods and services in the first half of 1984 rose at the swiftest pace in 34 years. The general outlook for the rest of the year is for a slowdown to a more sustainable rate of growth, accompanied by some further declines in unemployment, which has fallen from 10.8% in December 1982 to 7.5%. Most surprising, there has been no increase in inflation of the type that usually accompanies such...
Preparations for the federal bailout, the swiftest and most complete on record, began shortly after rumors started circulating about Continental on May 10. Details were hashed out in meetings and phone calls between Federal Reserve Chairman Paul Volcker, FDIC Chairman William Isaac and Comptroller of the Currency C. Todd Conover. "This is a very historic thing," said one New York banker. "This is the first time the Fed has been party to any kind of statement that 'nobody is going to lose...
With so many cars named after the swift and the strong in the animal kingdom, one name has been overlooked-the cheetah, said to be the swiftest animal on earth. Because of all the many recalls plaguing the car industry, this name would certainly cover all bases...
...swiftest gainer on the N.Y.S.E. was actually not a stock but a warrant, a security that gives its owner the right to purchase a stock at a set price over a period of time. The winning warrant was for Chrysler Corp., at $13 a share until 1985. As the year started, Chrysler stock was selling at 3⅜, so that the opportunity to buy a share at 13 was not worth much: the warrant sold for 1¼. By year's end, however, Chrysler shares had gunned ahead to 17¾, and the warrant was trading...
...Federal Reserve Board was showing signs of easing its tight-money policy. Interest rates were falling. At long last, it seemed that stocks should look attractive to skittish investors. But no one was at all prepared for the events that erupted: a torrent of trading volume and the swiftest, most spectacular price surge in the history of the New York Stock Exchange...