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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Mar 29, 1988
Page
7
The piece questions doom forecasts for 1989 while citing economist Paul Erdman. It outlines his scenario of a downturn starting in February with a 1000-point Dow drop, debt burdens, oil price collapse, and Latin debt defaults, followed by a 1990s rebound. It notes election-year spending and possible tax shifts as factors shaping the year.
New York AP reports professor Eugene Jennings warns business language is incoherent with words like excellence strategy and planning often misdefined. He notes managers confuse roles and cash flow with profit while popular terms remain obscured. He urges executives to use dictionaries to sharpen meaning.
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