Word: bigs
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Dates: during 2000-2009
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...business might suffer. Instead he found visitors pouring in from other parts of China, many attending conferences being held by Chinese companies at the hotel. Now, with Chinese clientele making up 80% of his business, Wiegandt has refocused his marketing efforts away from the U.S. and Europe and toward big Chinese cities like Shanghai and Beijing. "I didn't expect the domestic market to be so strong," he says...
After studying psychology at Yale and then playing drums in a pop-music group that never hit it big, Prechter joined Merrill Lynch in 1975 to do technical analysis, also known as chart-reading - the search for patterns in the movements of securities. The most famous of technical approaches is Dow theory, a rough model of market waves originally described by Wall Street Journal co-founder Charles Dow at the turn of the 20th century and refined and popularized in the subsequent decades by Journal editor William Peter Hamilton. Prechter studied Dow theory but soon moved on to the mostly...
...touch. In 1995 his book At the Crest of the Tidal Wave predicted the onset of a "great bear market." The bear arrived, but not for five years. In 2002's Conquer the Crash he predicted the onset of a "deflationary depression." Again, he was years early. (See 10 big recession surprises...
...beliefs. But that guy watches an awful lot of gore movies, and he laughs at them. And they bicker a lot, and I'm defining bicker broadly enough to include discussions between opposing players in NBA games. Plus, they don't want kids, which is a big consideration when you're giving someone...
...conspicuous, ridiculous, tasteless or otherwise. It could take a Snuggie Christmas to keep the economy on the mend. Last holiday season, retailers cut prices so deeply that profits disappeared. Then, for much of the year, shoppers cut back too. "I don't think anyone had ever lived through that big a swing in consumption in such a rapid period of time," says Stephen Sadove, CEO of Saks Inc. This year, savings are up and credit-card use is down, which is good--sort of. Yet keep in mind that the Pilgrims were barely eking out a living, surviving in squalor...