Word: tradings
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Dates: during 1980-1989
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...been broken." Others left no doubt about who must bear responsibility for fixing it. Says a senior Canadian government economist: "Everyone, all around the world, has been keeping an eye on the U.S. economy and wondering how long it could continue to survive without dealing with things like its trade imbalance and its huge federal deficit. When people became convinced that the U.S. lacked the will (we know it has the ability) to deal with these problems, they lost confidence in the U.S. market." Guido Carli, former head of the Bank of Italy, is specific about what needs...
...publishing interests and vast stretches of Northeast U.S. timberland. Goldsmith's profit: $450 million. Having fled the market, Goldsmith declared, "I am a spectator, and will remain a spectator for the time being." An important factor that prompted Goldsmith to bail out of the market was the stubborn U.S. trade deficit, which, he had assumed, would eventually cause interest rates to rise and stock prices to fall. Said he: "This is exactly what has happened...
Gephardt International. Another firm strengthened by the move toward technocratic competence, but its heavy exposure in protectionist trade issues could backfire...
...gives the Administration' s view of the tumult. -- One way or another, everyone is in the market, and anyone can lose. -- Wall Street' s investment houses brace for hard times. -- Some prescient and lucky investors survive the crash in fine shape. -- Six ways to curb America' s budget and trade deficits. -- 1929: the way it was the last time...
...painless. But the Administration and Congress still have time to tailor a compromise on reducing the budget gap before the Nov. 20 deadline, when $23 billion in arbitrary cuts takes hold under the Gramm-Rudman law. Some reasonable proposals for boosting revenue, cutting spending and reducing the trade deficit...