Word: tapere
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Dates: during 1960-1969
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...undoubtedly has been tight money. The market frequently falls before recessions and rises when they occur; thus a 1970 recession would not necessarily make stock prices fall further. But it will be hard for stocks to rally briskly until credit is eased. Economists generally expect that interest rates will taper off slightly?perhaps by 1% or a bit more?as production and demand slacken in the year ahead, but that they will stay fairly close to their historic highs for as far ahead as anyone...
...quick-paced ending of the film comes unexpectedly, since it follows two inordinately slow scenes of the protagonist walking in Boston and riding in a car. The length of these scenes leads the viewer to expect the film to taper...
UNCLE VANYA, another Chekhov favorite, will be staged by Harold Clurman with a cast that includes Richard Basehart, Joseph Wiseman, Ruth McDevitt and Pamela Tiffin, at the Mark Taper Forum, Los Angeles...
...price rises are inevitable, they will continue to buy and borrow in order to beat still further increases. Once people begin to doubt that "good times" will last forever, the theory goes, then everyone will become more cautious in his buying decisions, demand will slow down-and prices will taper off. This effort to conquer euphoria has at last succeeded in an area of the economy that deeply affects most U.S. adults: the stock market. Wall Street's speculative binge has been replaced by the bear market...
...figured to do," says Goodyear Chairman Russell DeYoung. "But next year we'll be looking at all our proposed projects with more caution. Possibly outlay will be down." Adds a Firestone official: "Some cutbacks are likely next year." Demand for business loans has begun to taper. The Federal Reserve Board last week announced that loans at major banks declined in July for two weeks, dropping by $262 million to $78.3 billion. One consequence is that interest rates are beginning to lessen, if ever so slightly. A string of three big recent bond issues -Weyerhaeuser, National Cash and Dow Chemical...