Word: bottoms
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...bear market doesn't end in a day, and anyone who looks at stocks as things to be owned for more than 24 hours probably shouldn't put too much faith in the notion, as pleasant as it might be, that the bottom has been reached...
...then there were the complete non sequiturs. Casino operator MGM Mirage closed at $2.87, up 23%, on the same day Moody's put it on its "Bottom Rung" list. The members of that list are the companies the ratings agency thinks are the most likely to default on their debt...
...Brendan Burchell, a Cambridge sociologist, presented his analysis based on various surveys conducted across Europe. The data suggest that employed people who feel insecure in their job display similar levels of anxiety and depression as those who are unemployed. But whereas a newly jobless person's mental health may "bottom out" after about six months, and then even begin to improve, the mental state of people who are perpetually worried about losing their job "just continues to deteriorate, getting worse and worse," Burchell says. (See 150 recession-proof jobs...
...parameters that go beyond their share of homeless children, factoring in, among other things, incidence of such health conditions as asthma and tooth decay. With that framework, Connecticut, New Hampshire, Hawaii, Rhode Island and North Dakota were rated among states that dealt best with the problem overall. At the bottom of the list: Texas, Georgia, Arkansas, New Mexico and Louisiana...
...Bottom-of-the-barrel Brown hadn’t won two games in a row all season. On top of that, no 12th-seeded team had ever toppled a fifth-seed in ECAC playoff history, and the Crimson hadn’t lost a home playoff series in 14 years...