Shastri Has Done Well With Moscow
India braces for better ties with the Soviet Union after Lal Bahadur Shastri’s Moscow visit yields a pledge to double aid to about 1 billion dollars and reinforce New Delhi’s nonaligned stance. The shift contrasts Nehru era diplomacy and lifts national morale amid a post Nehru era.
MENTIONED IN THIS ARTICLE
New Delhi
India
Soviet Union
Nehru
Jawaharlal Nehru
Kremlin
Prime Min
Ister Lal Bahadur Shastri
Shastri
Moscow
Stock study finds random investing would beat most timing
A University of Chicago study shows a 78.3 percent profit rate for random NYSE stock bets from 1926 to 1960, suggesting long term holding beats timing rules. The research notes holding through crashes, and the NYSE's stock quality often offsets errors in selection and timing.
MENTIONED IN THIS ARTICLE
Sylvia Porter
New York Stock Exchange
Wall Street
University of Chicago
Center For Research In
NYSE
Fisher
Merrill Lynch, Pierce, Fenner & Smith, Inc
U.S. stock market resilience cited after World War II
The piece argues random stock picks show profit 78.3 percent of the time, claiming high calibre corporations and the NYSE as unmatched in calibre liquidity and supervision. It credits America’s fundamental economic strength with rescuing the market from wartime and postwar recessions.
MENTIONED IN THIS ARTICLE
Stock Exchange
NYSE
U.S
The
Hall Syndicate, Inc
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