Word: wall
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Dates: during 1950-1959
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...York's Governor Thomas E. Dewey appointed Dulles to a U.S. Senate vacancy, and four months later, after a crossroads campaign to win and hold the seat, the Wall Street lawyer was roundly defeated by Democratic ex-Governor Herbert Lehman. An early supporter of Eisenhower over conservative Republican Robert Taft, he helped write the foreign-policy plank for the 1952 G.O.P. platform. President-elect Eisenhower put him at the top of the list of choices for Secretary of State, a position he would also have achieved if either Republican candidate, Dewey or Taft, had become President...
...cluttered apartment in Chicago, with a guitar artistically suspended on the wall, a balding graduate student proudly produced his newest acquisition--a recording of genuine Algerian rebel songs taped on the spot in the cave and mountain hide-outs of the partisans. Aitchalal and Taleb listened nostalgically for a few moments--but not for long. They had more important things...
...professional traders had just about run out of things to say about the market. Wall Street's brokers and analysts have chewed the juice out of all the minor, technical reasons for the continuing rise. Now they are coming to recognize the great, overriding reason: business is fine and getting better. The U.S. is off on a brand new boom...
...Future. What the U.S. could expect in the future and what might well send Wall Street's stock market higher still was contained in the predictions of industry's executives. Ford Vice President Charles R. Beacham predicted that auto sales in 1959 would top 1958 by 40%. U.S. Rubber General Sales Manager Herbert D. Smith predicted record sales of 94.5 million tires this year for the replacement market, to say nothing of the 29 million tires that go on new cars...
Monevman Darvas' methods would raise the eyebrows of most Wall Streeters. Instead of studying what Wall Street calls the fundamentals-price-earning ratios and dividends-he judges public enthusiasm, a method that works best in volatile markets. "In my dancing I know how to judge an audience," he says. "It is instinctive. The same way with the stock market. You have to find out what the public wants and go along with it. You can't fight the tape, or the public...