Word: boom
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...divorce is a conclusion, but for children it's the beginning of uncertainty. Where will I live? Will I see my friends again? Will my mom's new boyfriend leave her too? Going back to the early '70s--the years that demographers mark as the beginning of a divorce boom that has receded only slightly despite three decades of hand wringing and worry--society has debated these children's predicament in much the same way that angry parents do: by arguing over the little ones' heads or quarreling out of earshot, behind closed doors. Whenever concerned adults talk seriously about...
...understand intuitively that in the U.S., popular culture is the culture, and there is no point in pretending it is not. But the real heroes of his latest effort are the ink-stained drudges who filled the brightly colored panels with muscle-bound avengers and infectious onomatopoeia: Biff! Bam! Boom! and the occasional Kerplunk...
...availability of industrial space and increasing storage demand (fueled in part by dotcom retailers) are giving a big boost to the industrial REIT sector. It's up 27% year to date, according to the National Association of Real Estate Investment Trusts. Unlike, say, the hotel industry's cycle of boom and bust, industrials tend to offer more stable returns over the long haul while serving as a hedge against inflation...
...that there is anything so bad about even 3%, Wyss points out: "Three percent in the '80s would have been a boom." Blinder is also impressed by how much better the economy is performing than anyone would have thought possible even a few years ago. Today's Fed, he proposed, is engaged in an experiment to see if the unemployment rate can be held permanently at around today's low 4.1% without triggering rapid inflation. The test may or may not work, says Blinder--but if he or Lindsey had suggested that the idea was even worth an experiment when...
...foreign capital than at any time since 1896--or, says Wyss, since the 1860s. And if those overseas centimillionaires change their mind about the best place to invest, the U.S. would get hit with a double whammy. It would lose some of the investment that has been keeping the boom going, and the dollar's value would fall, raising the cost of imports and the many U.S. products that are assembled partly from imported components. Feldstein figures a 15% drop in the dollar's value would translate into a two-percentage-point increase in the U.S. inflation rate. That...