Word: slowdown
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Dates: during 1980-1989
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Ford knows that the competition remains formidable and that prosperity in ! the auto business is never assured. Perhaps the greatest danger to the company's momentum is a slowdown in the U.S. economy. At 5 1/2 years, the current expansion is unusually old, and many economists expect a recession to hit next year. Already, interest rates are on the rise, which could slow auto sales by making it harder for customers to afford car loans...
...remains strong, however steep their price tags. At a meeting in Paris last week of the Organization for Economic Cooperation and Development, top European officials pointed to excessive consumption as the chief cause of the U.S. trade deficit. Nigel Lawson, Britain's Chancellor of the Exchequer, called for a "slowdown in the growth of U.S. domestic demand, which in these circumstances is rising uncomfortably fast...
...slowdown, no work stoppage, no troubles, no problems pertaining to payment," McAuliffe said...
...abrupt slowdown seemed to reflect Soviet misgivings about Sofia's hurried embrace of change. Last October, Zhivkov was summoned to Moscow for a meeting with Gorbachev. Afterward, Gorbachev released a communique stating, "It is impossible to do everything in one go," and advising that "the party is the only guarantee of the restructuring." Western analysts read the message as a rebuke to Zhivkov for a reform drive that was long on rhetoric and short on action, and concluded that Gorbachev was issuing a warning to the East bloc as a whole: Do not allow reform to affect the dominant role...
...immediately began recruiting First Boston co-workers and clients. Their departure, while certainly the most dramatic Wall Street split in years, is only one episode in a broader upheaval and personnel shuffle taking place on the Street. In the wake of October's crash, hefty trading losses and a slowdown in business have forced investment firms to cut back their payrolls and curb their appetites for expansion. At the same time, the First Boston episode highlights an increasingly common Wall Street struggle between the traders who buy and sell securities and the dealmakers who negotiate and finance takeovers...