Word: alanes
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...Most important, of course, because the Federal Reserve under Chairman Alan Greenspan has been raising interest rates for just short of a year to slow a runaway boom. Members of TIME's board differ considerably on how soon and how hard those rate hikes will bite. But all agree on two predictions: 1) there will indeed be a slowdown; 2) the chance that it will turn into a recession is, in Sinai's word, "zero." Diane Swonk, chief economist of Bank One and president of the National Association for Business Economics, declares, "I expect this expansion to last until...
...Allen. Upon receipt of more good news about the soft landing Tuesday from the Commerce Department - retail sales dropped 0.3 percent in May and were revised down again for April, the first consecutive drop since the summer of 1998 - investors' neuroses kicked in. Suddenly, the worry wasn't that Alan Greenspan would raise rates again at month's end. It was that he'd already gone too far. Tech selling slid the NASDAQ down on the news, and financials did the same to the Dow. Consumers, the heroes of the expansion and the villains of the overheat, are closing their...
...read a magazine and instantly memorize it, but I now remember to buy it when I get to the store. I may not be able to memorize hundreds of names and faces, but at least I won't meet an Alex at a party and find myself calling him Alan or Alvin or Evelyn. If I am any indication, improving memory requires little more than a bit of concentration and practice. Fortysomething might be too late for a whole new cerebral hard drive, but it's nice to know I'm never too old for a simple upgrade...
...tension existed between the tenor of House life and the struggles taking place outside the confines of the undergraduate world. "People might go out and parade and counter-parade and then come back and talk in the dining hall," Cabot Professor of English Literature and Eliot House Master Alan Heimert '49 opined years later...
...January 1998 5 - Alan K. Simpson, former Republican senator from Wyoming, is appointed as head of the Institute of Politics. Simpson's tenure ended this spring; he will be replaced by David Pryor, former Democratic senator from Arkansas...