Word: boom
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These are among the powerful motives propelling what was, until Sept. 11, a growing boom in grandparent-grandchild travel. It remains to be seen what effect the terrorist attacks--and the chill they cast on the travel industry--will have. But the demographics suggest that the upward trend will continue as more and more of America's 77 million baby boomers become grandparents. In the past year, 20% of U.S. grandparents traveled with their grandkids, according to a survey for American Demographics by Zogby International, a polling firm. In fact, "grandtravel" made up 21% of all trips with children...
BOOMERS RETIRING As the oldest members of the huge baby-boom generation approach retirement--and after the searing market drop this year and last--they will be looking for less risky investments. Dividend-paying stocks are just the thing. They tend to hold up better in weak markets because they guarantee income and yet preserve the likelihood of capital gains in a recovery. High yields may also signal value. The popular Dogs of the Dow strategy calls for buying the five highest yielding Dow stocks each year--usually the five whose prices have been beaten down the most. Results weren...
...most of the past 10 years, data storage has been synonymous with EMC, the company based in Hopkinton, Mass., whose growth shadowed the e-commerce boom and whose market share last year reached 35%--three times greater than Compaq's. Thought by many to be untouchable, the company's stock slid through 2001, the result of new competitive pressures and a slowing economy. EMC revealed in July that its second-quarter earnings had fallen 71%. A week after the terror attacks, EMC forecasted a loss for the first time in 11 years and announced 2,400 layoffs. Still, the company...
...seems to me that there were three outgrowths of the end of the Cold War. One was the economic boom fueled by our high-technology industries. This, along with the opening up of vast parts of the world that had been closed, including Eastern Europe, led to this huge, unparalleled jump in the Dow, 6,000 points in six years...
...forget - these markets weren't convinced of this recovery's inevitability before the towers fell. What, exactly, is supposed to guarantee it now - extended unemployment insurance and another $300 rebate check? That's not the stuff of a prompt and glorious boom - that's bread and water...