Word: boom
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President Clinton's office on Air Force One has a small desk, a couch, magazines scattered about and, these days, a new boom box. As he flew home from Africa Thursday night, he listened to Charlie Parker and Wynton Marsalis. Like the music, his mood was a complex mix of mellowness and energy in the aftermath of the dismissal of the Paula Jones suit. Although the feeling inside the White House is that he has been the victim of a protracted personal assault funded by right-wing money, Clinton is wary about speaking out publicly, because he and his advisers...
...reasons noir has been repopularized may be specific to our era, but ironically they give me hope for the future of noir. Whatever the short-term future of the genre, I think there will be another resurgence of interest during the next technological revolution (and the economic boom that accompanies it). We may not be able to imagine what that revolution will be, but I can tell you what people will be reading when it happens...
What sets Eritrea apart is the self-sacrificing character of its people, the thousands like Olga Haptemariam who rely solely on their own gumption. We meet her behind the counter of the building-supply shop she has opened in Massawa, striving to capitalize on the construction boom resuscitating this shattered equatorial port. "It's my own business," she says, pointing to the stacked cans of paint and tools lining the shelves. "It is doing very well, very nice." She can't wait to expand. "When I get more money, I want to get more materials from Italy, China...
They came across my desk bing, bang, boom: three books that, years from now, may prove to have been the clearest sell signal ever missed. It was spring 1996, and, yes, the stock market has been levitating since then. Sometimes sell signals are early. The first book was by David and Tom Gardner, a brother act in jester hats with the catchy title of Motley Fool Investment Guide. The second, The Whiz Kid of Wall Street's Investment Guide, was by Matt Seto, 17. The third was the now infamous debut, Beardstown Ladies' Common-Sense Investment Guide...
...increasing workers' real wages without pushing up prices, and government policies that Sinai pronounces "eerily" wise. Most important, of course, is the swing from gargantuan budget deficits in the 1980s and early '90s to an expected small surplus this fiscal year, with more to come. Kaufman notes a continuing boom in business investments and a new surge in housing--both "very unusual" for an expansion going into its eighth year. One reason: builders of factories and houses can borrow more easily, because the government no longer is gobbling up so much of the available credit to finance its deficits...