Word: bottomed
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Dates: during 1990-1999
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...chief economist of Deutsche Bank, a German investment bank, has said the Dow will bottom out around 6500, while Abby Cohen, a prominent analyst for Goldman Sachs, is predicting a return to the 9300 plateau by the end of the year...
...want to own at cheaper prices, now is a good time to start picking them up. No hurry, though. Based on earnings, most stocks are still at the high end of their historical valuations. Knowing that prices could fall more but that you're unlikely to spot the bottom, this is a good time to start dollar-cost averaging...
...risk the grocery money too. You're way ahead if you've been in the market more than a year, so just sell down to your comfort level. But don't overdo it and try to time a further drop. You'll only end up selling at the bottom and cursing the market all the way back...
...America's grandest buildings. But it had fallen into neglect and clutter. Now architects Beyer Blinder Belle have brought back its luster. They reopened walkways, top right, and restored the ethereal ceiling over the main concourse, left. Upscale businesses like Michael Jordan's steak house, bottom, add new sparkle. When: Official rededication...
...hurricane expert from Colorado State University, one reason may be a phenomenon known as the "Atlantic conveyor." The subject of much recent research, the conveyor is a gigantic oceanic flywheel that transports cold water from the seas off Iceland and Greenland in a majestic, slow current along the bottom of the ocean to Antarctica, where it surfaces several decades later and flows back north, absorbing heat as it passes the equator. The conveyor seems to have kicked into a faster gear lately, bringing warm equatorial water north before it can cool. Hurricanes draw their energy from warm water...