Word: assets
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...weak dollar also makes U.S. asset prices attractive to foreign investors. U.S. interest rates are higher than those in Continental Europe and are much higher than Japanese rates. Similarly, U.S. stocks look better by comparison. Measured in euros or pounds, the S&P 500 index is up less than 50% from its October 2002 lows, while European markets have more than doubled. Plus, Standard and Poor's recently reported that 44.2% of the revenues of companies in the S&P 500 index were generated abroad, up from 32% five years ago. With almost half of their revenues being earned...
...bipartisan experience has been a great asset for me, and I hope to share that with the students...
...support for the unpopular conflict has cost him dearly, particularly among the independent voters whose support was once seen as his main claim to being the most electable candidate in November 2008. But it has also come to symbolize the resolve that his advisers insist is McCain's greatest asset. "This is a guy who refuses to back down from his core principles," McCain's New Hampshire Vice Chairman Steve Duprey said in introducing the Arizona Senator to the Greater Concord Chamber of Commerce, eliciting one of the few rounds of applause and cheering in what was otherwise a grim...
...global economy. Its 'dirty-peg' currencies, which ostensibly float but in fact are controlled by central banks, have kept exports higher and imports lower than they would be otherwise. In the case of China, with its $1.2 trillion of foreign-exchange reserves, the cash is inflating an asset bubble in stock and property markets...
...while Chu will certainly be an asset to the UMD staff, her separation from Harvard is not necessarily a permanent one. After her playing days are through, a return to the Crimson in a coaching capacity is a distinct possibility...