Word: consensus
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...Economic Advisers. Also present were officials from the Commerce Department and the Securities and Exchange Commission. What should be done? One possibility, quickly rejected, was to lower the margin requirement (the percentage of cash that a buyer has to put up to buy stocks) from the present 70%. The consensus was that any such move might be interpreted bearishly...
Where does the market stand now? The consensus of many leading Wall Streeters was expressed last week by Frederick Millett, research partner of highly respected Goodbody & Co.: "The bull market is over; we are in a bear market...
...Reinhardt, a distinguished painter, disagreed with Robbins, arguing that "the government should move in directly and clean up the corruption in the art market. There is public consensus on acceptable standards, he asserted. "What we need is a federal bureau of the arts, and art anti-trust suits to protect free enterprise in this business...
Trading Range. Nevertheless, the consensus among the analysts is that the market will hit one more peak in 1962. But they warn that the market is in a "trading range,'' i.e., one where as many stocks go down as go up. and that to make money, a selective investor must watch for undervalued shares of companies with strong profit potentials. A minority of Wall Streeters even suggest that the next peak may mark the end of the Great Bull Market-which has persisted for 15 years despite temporary setbacks. Not even the pessimists, however, predict a selling panic...
...bipartisan consensus in foreign has produced half-truths, confused and contradictory policy," declared. He charged that major parties go down the line the same old saws and conventional truths," and said he is running as independent "to challenge them in the own state...