Word: bearish
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...would such good news turn Wall Street bearish? For one thing, the Street doesn't like surprises. This one broke the back of the sagging bond market, which had expected interest rates to keep falling. But the robust economic report hinted that rates might rise. The stock market headed for the exits, fearing that higher rates will lure money out of equities...
...poetry began to attract attention and praise, a succession of academic posts beckoned; between 1989 and 1994, he was both the professor of poetry at Oxford and the Boylston Professor of Rhetoric and Oratory at Harvard. And he attracted hordes of acolytes and admirers along the way, a bearish, affable bard equally at ease in faculty room...
...android-like--but all in all, it's another winner for Wonder. The album is more than just a bunch of giggly, commercial-ready love songs in the manner of I Just Called to Say I Love You. There are some bubbly tunes here--like the lovable, Care-Bearish Take the Time Out--but for the most part Wonder's after bigger game. "There's not a lot of peace in the world today," says the singer with his '90s global perspective. "There are rumblings within family and cultural structures. There's a right-wing extremist movement and a left...
Justice department lawyers should have known Stanley Sporkin wouldn't just rubber-stamp the Microsoft settlement. When antitrust chief Anne Bingaman urged the bearish federal judge to approve it, Sporkin growled back: "Will the government give me a pen to sign, or can I use my own? I've got to have some role here...
Lehman had also wearied of Garzarelli's independence. The star analyst insisted on working out of her Greenwich Village apartment, and issued bullish forecasts that clashed with the more bearish opinions of Katherine Hensel, the firm's chief market strategist. Garzarelli overestimated the strength of this year's market rally, for example, predicting that the Dow Jones average would hit 4600 by the end of 1994. The indicator has failed...