Word: tradings
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Dates: during 1980-1989
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...other factor makes capital gains different from other forms of income: you can generally choose when to take them. In a world with no taxes, an investor would trade one investment for another whenever he or she thought the new one would be more profitable. In the real world, people hold on to investments they would otherwise trade in order to avoid paying the tax. That makes the economy less efficient. A tax break for capital gains would reduce this so-called lock-in effect. (Although, please note, this is exactly the opposite of one argument usually heard...
...stock market gyrated in recent weeks, the swings have been fueled by the widespread use of program trading. In this computerized practice, speculators trade stocks and stock-index futures simultaneously to profit from minute differences in prices. But program trading incited a Wall Street revolt last week as the Dow Jones industrial average plunged 92.42 points to 2596.72. Faced with pressure from investors, the firms Bear, Stearns and Morgan Stanley said they will halt the use of index arbitrage, the most popular form of the | strategy. A third firm, PaineWebber, scrapped all forms of program trading...
...delegation is composed of top level business and trade officials from Yerevan and other areas of the USSR, according to Brugmann. He said that while in Cambridge, members visited the Polaroid factory and attended seminars about the American economy...
...result of the earthquake, the Cambridge architectural firm of Lazano, White & Associates will help design shock-proof building for Yerevan. Other potential areas of trade which the delegation plans to explore range from souvenir shops to advanced biotechnology, said Cambridge Vice Mayor Alice K. Wolf...
...When I was there, there was an interest in reciprocal trade and joint [business] ventures between the two cities," said Wolf, who visited Armenia last June. "The delegates are interested, generally, in exploring the possibility of trade relations," she added...