Word: forecaster
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Johnson's Law. Taking aim at inflation, however tentatively, the Administration shone the spotlight on business. In a telephone address to the 65-man Business Council, the President forecast record prosperity without inflation in 1966, made it clear that he expected businessmen to exert price restraint to match the effort of servicemen in Viet Nam. Said the President: "We can produce the goods and services we require without overheating the economy." Addressing the meeting of the National Association of Manufacturers a few days later, Richard Nixon evoked many businessmen's feeling that they are bearing the main burden...
...Shapiro, professor of Finance at the Business School, forecast that the imminent increase in short-term interest rates will be transmitted to long-term rates within a year. He added that the restrictive effect this will have on capital investment and residential construction will introduce a "bearish note" into the nation's economy...
According to the consistently accurate Michigan Economic Forecast, un employment will dip from the current 4.3% to below 4% - the level that the President's Council of Economic Advisers regards as full employment. The high-living U.S. consumer shows no sign of ending his five-year shopping spree, is currently spending 950 out of every $1 he earns. So durable is the boom, said the London Economist, that "analysts and businessmen may even stop counting the months...
...Once, two and two made three around here. Now it makes six." So says Gordon Grand Jr., the lean tax lawyer who runs giant Olin Mathieson Chemical Corp. (1965 sales forecast: $875 million). Strange though such arithmetic may seem, it makes sense at Olin. Like many another manufacturing mammoth, the company overreached itself in a scramble to diversify a few years ago, found its profits dwindling as its debts increased. Olin is still pretty diversified-its 4,500 products include antifreeze, shotguns, rocket fuel, electric toothbrushes and paper for Bibles-but it has learned how to make its money stretch...
Currently in fifth place in Ivy standings, the Crimson must stop Hall or outscore him to maintain its string of six consecutive seasons in the Ivy first division. If the weather man's forecast of mains holds true. Harvard will definitely have the advantage...