Money that can't be spent hinders American liquidity
A Beacon Hill matron notes wealth means spendable cash, as rising asset values clash with inflation. The piece examines how stocks, homes, and savings are hard to tap, with refinancing and equity loans costly and interest spikes possible, leaving many Americans financially illiquid.
MENTIONED IN THIS ARTICLE
New York
Beacon Hill
Goldman Sachs
Securities House
Treasury
Consumer spending moods amid rising markets and inflation
The piece notes that consumer resistance to big purchases like furniture and cars remains high even as markets rise. Surveys show items are postponable and households may cut back on travel and autos in a pinch. When assets grow, confidence can spur purchases, but saving funds and ongoing inflation may delay buying surges.
Carter White House winds down with low key schedule
James Gerstenzang reports on a quiet Carter late presidency week with little public activity. Carter met Israeli Prime Minister Begin and West German Chancellor Schmidt, attended performances, hosted a Kennedy Center event, and enjoyed private meals at a Washington restaurant with Rosalynn Carter.
MENTIONED IN THIS ARTICLE
Carter
Menachem Begin
Helmut Schmidt
West Germany
White House
Amadeus
Aaron Copeland
Kennedy
Doyen to be liaison for Reagan transition team
Ross Doyen president of the Kansas Senate has accepted the role as liaison between the National Conference of State Legislatures and Ronald Reagan's incoming administration. He will relay legislative priorities, with revenue sharing the top agenda item for federal-state relations.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Ross Doyen
Kansas Senate
National Conference of State Legislatures
Ronald Reagan
Doyen
Concordia Republican
NCSL
Reagan
Carter's May Day Calm Faces Looming Presidency
On a quiet Tuesday in May 1979 with no president elect yet, Jimmy Carter kept a full public schedule from a security briefing with Brzezinski to an Israel Bond dinner and a landmark Alaska Lands Bill signing. In private he met advisers and planned upcoming talks, while fitting in jogging and tennis, giving a glimpse of an era before the White House press spotlight.
MENTIONED IN THIS ARTICLE
White House
Oval Office
Jimmy Carter
United States
Zbigniew Brzezinski
State of Israel Bond Organization
Carter
Hosni Mubarak
Egypt
Kansas Wheat Holds Up As Moisture Shortage Persists
In Topeka AP reports the 1981 Kansas wheat crop remains fair with 95 percent emerged and limited grazing. Corn and soybean harvests are finished while sorghum is 99 percent done. Moisture remains short and range conditions are poor. Prices received indices show mixed gains from October to November 1979. Livestock prices dip from October to November.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Also Mentioned on This Page
Business Mirror
James Gerstenzang
Associated Press
Washington (Ap
Carter White House
Garden City
Adelyne Betchel
Deerfield
Edward Blevin
Edgar T. Dodge
Lakin
Rachel Galliart
Laura J. Geier
Lula Kunze
Ernst M. Marquardt
Geraldo Medina
Leon Sylvia M. Melcher
Ulysses Arnold Meyer
Pennsylvania
Gladys R. Sewell
Belmont Shirley J. Stevenson
Ulysses Harold D. Stover
Ulysses Tristan D. Teichmer
Sharon Springs
Orville L. Williams
Montezuma
Ralph R. Belknap Jr
Fayola I. Berry
Taylor
John B. Calbeck
Belmont
Leon Farr
Scott City
Kenneth A. Gillespie
Scon
Betty Jo Hodges
Apache Lea A. Meloy
Gary E. Messenger
Westside Trailer Park
Paul R. Murillo
Howerton Macedonio Rodriguez
Patricia R. Roth
Evans
Mabel C. Snook
Briar Hill Manor
Ron G. Tangeman
Evans Ramon R. Valdez Jr
Taylor Plaza
Florentino Vasquez
W. Kansas
Shane E. Wooldridge
Holcomb
V. A. Leopold
Co-Op Center
Russell Child Development Center
Jimmy
FBI
Qiana, Nim
Terrys
Levi
S.M.L
Bibbs