Word: blip
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...knows how long the slump will last or how it will play out. There are plenty of analogies to describe the possible shape of the U.S. downturn if you plotted GDP growth on a graph: V (short and shallow); W (double dip with a positive blip in the middle as a result of fiscal stimulus programs); L (a protracted, Japan-like stagnation); saucer (stagnation with a very weak recovery). A V-shaped recession now seems highly unlikely. The U.S. housing sector continues to deteriorate, eroding consumer confidence and wealth. Private investment is in free fall, and personal consumption (which accounts...
After two competitive rounds of voting—and a technological blip during the first round—the results of the senior Class Marshal elections were announced yesterday afternoon. Among the eight elected marshals were First Marshal Lumumba B. Seegars ’09 and Second Marshal Philip L. Perez ’09. As Marshals for the Class of 2009, Seegars, Perez, and six of their peers will be responsible for planning Class Day and Senior Week, as well as future alumni activities such as reunions. “I am so excited and happy...
...talk show host said Franzen "was not even a blip on the radar screen of my life," although by 2003, she switched from picking contemporary books to classic titles, including John Steinbeck's East of Eden and Gabriel Garcí]a Márquez's One Hundred Years of Solitude. Winfrey's picks boosted sales: Penguin ordered 800,000 more copies of Tolstoy's Anna Karenina after the 19th-Century Russian novel got the nod. But much of the publishing industry was dismayed at missing the chance to hitch their latest books - and their profits - to Oprah's train...
...back in 1998," says Eric Berglof, chief economist at the European Bank for Reconstruction and Development in London, who reckons the financial-market problems will result in a "smallish blip" in the economy rather than any bigger meltdown. Certainly, the situation today is very different from a decade ago, he and others point out: Russia currently has a whopping $550 billion in foreign-currency reserves, a hefty budget surplus, a negligible national debt and an economy that remains on course to grow by 7% this year. The fount of much of the nation's newfound wealth...
...class to ensure there are no duplicate votes. This process can also be used to catch votes by people not in the voting class and should eliminate any votes by the class of 2008. The missent e-mail is, according to Monti, “not even really a blip on our radar.” Despite this mishap, the Marshal elections are running smoothly. Sixty-one students are competing for 16 spots in the first round of elections, which closes tomorrow at midnight. The top 16 then enter the second round of elections, which will ultimately yield eight Class...