American - Author | January 6, 1973 -
Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates.
Alex Berenson
BusinessInterestInterest Rates
The stock prices of networking equipment companies like Cisco Systems and Nortel Networks sometimes seem as if they are priced for perpetual success.
SuccessNetworkingSometimesSeem
Automated call centers are only the most obvious way speech recognition will be used. The software is now becoming sophisticated enough to identify speakers through 'voiceprints,' akin to fingerprints, eventually reducing the need for personal identification numbers.
EnoughSpeechRecognitionPersonal
Short sellers sell stock they have borrowed, hoping to buy it back later when its price has fallen.
ShortBackPriceBuySellFallen
Technology investment drove growth in the 1990s, both directly and by fueling a rising stock market that led to increased consumer spending.
GrowthTechnologyStock MarketRising
It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.
JobFastPartyGrowingSaidEconomy
Big fund companies have many ways to increase the returns of young funds that they want to promote. And at least one of those games involves popular offerings.
YoungWantGamesBigManyLeast
As the Nasdaq soared in 1999 and early 2000, demand for many offerings far exceeded the supply of shares available at the initial offering price.
EarlyPriceAvailableFarOffering
To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.
EnoughProfitEarnEconomistsHigh
One of the Internet's highest-profile companies, Priceline once dreamed of transforming the way consumer goods are bought and sold by offering customers the chance to 'name your own price' for a variety of products, including airline tickets.
ChanceNameInternetPriceWayOwn
Lower interest rates are usually considered good for stocks because they lower the cost of borrowing and make bonds a less attractive alternative investment.
GoodInvestmentCostBorrowingBonds
From 1983 to 2000, William Goren stole more than $30 million from investors on Long Island and in Queens. His favorite targets were widows and retired couples, like Helga and Simon Novack, Holocaust survivors who gave Mr. Goren their life savings.
LifeLongHolocaustIslandMore
Copyright © 2024 QuotesDict Alex Berenson quotes