Word: beare
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...shop and grocer frequented and made famous by Child. Students went behind-the-scenes at the butchering station, learning about the preparation of the store’s famed meats, which range from the ordinary—chicken and pancetta—to the exotic—llama, black bear, and Brazilian python. General Manager Juliana Lyman offered a tasting of Savenor’s gourmet products: maple smoked salmon with crème fraiche on water wheel crackers, goat cheese on crusty baguette slices, and freshly seared prime rare strip steak—all washed down with Pellegrino...
...fund balance dropped by almost half in the fourth quarter, from $35 billion to $19 billion. To keep funds from dwindling, the FDIC is going to raise deposit-insurance assessment rates beginning in the second quarter of 2009, adding to the burden that already-troubled banks will have to bear...
...This is the one game that is sure to be irrelevant for the Ivy League race. The Bears have a tough road back to the top of the league, but do you know what would be a great step in that direction? If at quiet Pizzatola Sports Center, there was a live bear as a mascot! Think about it, a big hairy scary bear would constantly roar at the opposing team to frighten the jeepers out of it and also dance around the court at halftime to provide better entertainment than any other halftime stuff I’ve seen...
Spontaneous combustion? There's a reason for it. If you have a slow and shallow bear market, powerful officials don't get to exercise their power, so they debate whether they should use it at all, and then they just use the minimal amount, which doesn't do much to build the next rally. But if you have an outright panic, where it collapses, policy officials throw everything including the kitchen sink at it, which is just the thing we need to produce a strong rally. (See 25 people to blame for the financial crisis...
...bottom of any kind of bear market you get some level of fear and capitulation. It's hard to know the precise point of the extreme, but today there are many things that tell me that fear is way over the top, not the least of which is the level of cash holdings by private households and businesses as a percent of GDP - it's at a post-World War II high. There's so much sideline buying power - dry powder - and everywhere you look and it shows up in the Fed's statements. Part of this is because...