The annual growth of real output exceeded 9% in the second quarter of 1983, and the most recent statistics suggest very strong growth in the current quarter as well. Though the inflation rate has bottomed out, it does not yet show any major reacceleration. With unemployment declining in line...

Since the election of President Reagan in November 1980, the inflation rate has declined from the 10-11% area to about 8% in response to monetary restraint and slack in the economy. Despite many forecasts that inflation will continue to decline to the 6-7% area over the next 12 to 18 months,...

Bloomberg terminals are widely used by traders of financial instruments. Recently, Fairleigh Dickinson University leased twenty-four Bloomberg Terminals, twelve each for its two New Jersey campuses. This paper discusses the introduction of these terminals in several finance courses at the...

From 1955 through 1980, both the slope of the yield curve and the level of stock returns provided considerable information about future output growth. Using data for growth, the yield curve and returns in a long term horse race from 1955 through 2013, this study shows that the explanatory power...