Word: blips
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...violence of yuppie angst. The Clockwork Orange-esque rejoicing in mayhem that characterizes so much of the movie is contrasted with its many self-referential moments (without giving too much away...): the bizarre walk through the IKEA catalog; the moment when movie projectionist Tyler Durden, discussing the "change filmstrip" blip that appears on movie screens, points to the one on the screen of the movie he is in; and a final revelation about the relationship between Durden and the narrator. Unfortunately, these po-mo asides don't detract from the fact that one man's yuppie angst has spawned...
...violence of yuppie angst. The Clockwork Orange-esque rejoicing in mayhem that characterizes so much of the movie is contrasted with its many self-referential moments (without giving too much away...): the bizarre walk through the IKEA catalog; the moment when movie projectionist Tyler Durden, discussing the "change filmstrip" blip that appears on movie screens, points to the one on the screen of the movie he is in; and a final revelation about the relationship between Durden and the narrator. Unfortunately, these po-mo asides don't detract from the fact that one man's yuppie angst has spawned...
Despite the 7.9% annual GDP growth rate during the first quarter, Japan's economy remains a bloated, uncertain thing. Insiders say the spring growth blip was a one-time phenomenon--possibly even a result of inaccurate accounting--fueled by high government spending. The primary problem is that Japan's financial structure--everything from the way companies are managed to the amount of government debt--remains badly out of sync. Many Japanese companies are still chugging along as if it were 1981, complete with overweight overheads, inefficient manufacturing systems and "jobs for life." Japan's banks, long loaded with bad debt...
...some of the slack. But that's about it. The stories average about two sentences. Unable to pretend to be a full-fledged wire service, the agency is moving to provide what might be called news fragments. A more apt name might be in order: blurb, maybe. Or blip. UPI now supplies headlines to a San Francisco paging company which displays headlines on pager screens and to a Kentucky outfit that is looking to flash headlines on LED screens in bars...
...with everyone from bellhops to biologists following every blip in the Dow on cable-TV channels and financial websites, passive investing is starting to become passe. "Everybody's an expert," grumbles a high-ranking executive at one fund company--a reference to the growing legion of e-traders who are sucking money from money managers at a rate that is starting to test their nerves. Sure, the $5.9 trillion fund industry is still chugging along quite nicely. But after a decade of explosive growth, it seems poised for a shakeout, as too many stock funds (about 3,500 at last...