Word: tides
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Dates: during 1960-1969
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...institutional impact is destined to become stronger in the market. Mutual-fund assets have grown by an average 14% annually in recent years, and more and more labor settlements call for increased pension benefits. This tide of new money can have a major effect on the market, often helping to stabilize stock prices. Says Robert Driscoll, president of the Manhattan-based Affiliated Fund: "When the market goes up, we sell-and when the market goes down we buy." As the past few weeks have illustrated, the institutions' very size can make them an unsettling force, even when they...
...likely to increase, probably for a decade, despite automation. Western Europe's labor force is growing only half as fast as that of the U.S., and rising industrialization in southern Europe is expected to curb the flow of job seekers across international borders. In fact, before long, the tide may even reverse a bit. Industries around Milan and Turin have begun buying ads in Dutch and German newspapers offering good jobs at home to trained workers. This, of course, irks the Dutch and Germans, who paid for the workers' training-and know that they will be increasingly difficult...
What brought Bundy out of the basement? Answer: the tide of professorial and otherwise scholarly criticism of President Johnson's stay-with-it policies in Viet Nam and the Dominican Republic. At scores of colleges, professors who were unsympathetic to the Administration's policies staged "teach-ins"-which often turned into "drum-ins" of their own views. Students donned black armbands and hoisted protesting placards; some even took up collections for those oppressed farm boys, the Viet Cong. Into the act got such bleary-eyed outfits as the Filthy Speech Movement on the University of California...
...this year for them both, De Gaulle and Erhard tacitly agreed to disagree without visible image-damaging acrimony. For his part, Erhard agreed to leave open for the time being any increase in the Common Market's control over the Six's farm financing policies-a creeping tide of supranationalism De Gaulle is anxious to arrest. De Gaulle in turn consented to a vague agreement to consider a summit conference of the six Common Market heads of state this year to discuss European political organization. Under the circumstances, it was, as a German spokesman put it, "a good...
First to be rehabilitated was Joe Stalin himself, whom Nikita had savagely pulled down in the official myth from demigod to scapegoat-devil. Two months ago, Kremlin spokesmen raised Moscow eyebrows by giving Stalin his due for helping Russia stem the Nazi tide. Next victim to be reprieved from obscurity was Marshal Georgy Zhukov, who showed up, replete with honors and ribbons, for last month's V-E-day celebrations in Red Square. Finally, after a decade in the doghouse, the wartime chief and "father" of the Soviet navy, Admiral Nikolai G. Kuznetsov, surfaced with the publication of excerpts...