Word: likelihoods
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Traders who had been scared out by the war were now being lured back by fat dividends (which were averaging 8% more than last year's), the prospects for a continuing business boom, and the likelihood of more inflation (see below). As Wall Street saw it, stocks which would rise in price with the general U.S. price level were the best hedge against inflation...
After returning to Helsinki in a special Russian plane, Premier Kekkonen proudly termed the $350-million treaty the biggest deal ever made by Finland. It would in all likelihood also be the costliest...
...from the Philippines, Korea, India, Pakistan, Siam, Indonesia, Australia and New Zealand will discuss economic and cultural cooperation and a vague proposal for a Southeast Asian union. According to Host Romulo, the conference would be "nonCommunist" rather than "anti-Communist," which was another way of saying that in all likelihood it would produce doubletalk instead of concrete action. Romulo himself last week gave a preview of the doubletalk. Said he: "The conference will be unmonolithic in nature, but multilingual, cultural and religious...
...experience. Mental misfits might be expected to have been weeded out in the induction stage (when 38% of medical rejections were for neuropsychiatric reasons). Yet 49% of all disability separations from the Army were neuropsychiatric or for "personality difficulties." The Kalinowsky conclusion: there should be more study of the likelihood that pensions perpetuate the very disabilities for which they are granted; if they were ended, many war neuroses would end with them...
...rising frequency of protest and reply clearly indicated a hotting-up of the cold war, but that did not necessarily indicate the greater likelihood of a hot war. Lesser incidents than these, if anyone wanted war, could obviously provoke...