Word: townsend-greenspan
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Unlike almost all past CEA chiefs, who were academics, Greenspan is a Manhattan business consultant who heads his own firm, Townsend-Greenspan & Co. Quietly persuasive, erudite and a master of detail, Greenspan will join the White House after declining several previous invitations with the understanding that his views will carry substantial weight. Among many economists, Republican and Democratic, Greenspan's appointment would be seen as a gain for the Administration. Walter Heller, who under President Kennedy was probably the most effective CEA chief, believes that Greenspan has "as good qualifications as any conservative economist you can find...
...more by far than in any recent year (see chart). Late last week on the Chicago Board of Trade, wheat was selling for $6.16 per bu., up $1.75 from a year ago. and corn was going for $2.86 per bu., v. $1.22. The New York economic forecasting firm of Townsend-Greenspan has estimated that wholesale farm prices in January rose 7½%, the biggest such increase since last August...
...ALAN GREENSPAN, a consultant to President Nixon and president of Manhattan's Townsend-Greenspan & Co., economic advisers...
Aguest participant is Alan Greenspann (lower right), president of Townsend-Greenspan & Co., Manhattan economic consultants...
When will the market peak out and start the plunge that signals a coming recession? Many analysts expect a big dip within a year. Most pessimistic is Alan Greenspan of Townsend-Greenspan, who says: "The peak of the bull market will be in the early spring, or at the latest by midyear." Most optimistic is Edson Gould, partner in Arthur Wiesenberger & Co., who believes the Dow-Jones index may reach 953 before a major downturn. "I expect this market to go on for most of 1962," says he. "If the bull market is over much sooner, it will...