Word: consensus
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Solid corporate profits, the fast breakaway of the 1963 cars, growing prospects for a dollar-green Christmas in the stores -all these have contributed to a shift toward optimism in the business community. The new consensus is that the economy may actually rise a bit in the first half of 1963, and at worst will inch down only slightly. On Wall Street, the changed mood was reflected last week in the Dow-Jones industrial average, which rose 14.85 to close at just under 631. The market has risen more than 60 points in the past three weeks...
Across the U.S., extremists of both the right and the left suffered. The middle of the road-or perhaps its slightly conservative lane-was crowded. The message of that conservative consensus, the mandate that it seemed to have picked up from the voters, was: the Federal Government should do less at home, in the way of welfare projects, and more abroad, in the act of fighting Communism...
Although evaluations of the past campaign differed, most Hughes supporters are in agreement about what it means for the future. "Fifty thousand people who step out of the consensus to vote for a man who says something totally different is a sizable number," said one campaign worker. "Most of the people who lasted through the quite grueling test of Cuba are deeply committed people. We think this represents a sizable peace and disarmament sentiment...
Nikita Khrushchev is a resourceful, imaginative and tough opponent who obviously has a great many tricks left in the back of his shrewd peasant mind. But, except for those who seem constitutionally unable to believe that the Russians can ever make mistakes, there is an almost worldwide consensus that in Cuba Khrushchev had overextended himself, and that he has been forced back in a test of will with...
...labeled Republican or Democratic; and after the campaign is examined in on-the-scene detail, it also becomes part of our job to find what common concerns agitate the entire nation. Washington Bureau Chief John Steele has been roving the country for weeks, hoping to detect an underlying national consensus, or lack of it, on major issues, and his reporting is reflected in our lead story this week. On another page, TIME in capsule form makes its own judgment on how each of the U.S. Senate races is going. Our collective neck is out in many places...