Word: bottoms
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...into the decision to buy a house. When Choe bought last fall, he figured the air was still coming out of real estate, but his older son was about to start kindergarten, and he wanted to settle into the right school district. "My thinking was, It's not the bottom, but it's gone down enough," he says. (See pictures of modernist houses available for rent...
What's next for natural gas? Most likely, more weird volatility. As UNG continues to roll month to month, the front month will continue to get pounded down. The markets will not hit a true support on the bottom until traders know for sure how much storage the U.S. can actually handle. Whatever happens, this will be a volatile time for natural gas, as traders battle out prices amid uncertainty of true storage capacity. (See the video "The Truth About Solar Power...
...impoverished country with a central government that barely governs and a guerrilla insurgency that has threatened to kill anyone caught voting is illustrative of our current Afghan dilemma. We have been prodding the Afghans to run, from Kabul, a country that has always been governed from the bottom up, valley by valley, tribe by tribe. Karzai has many attributes, but a desire to provide effective governance is off his radar screen. He is good at the traditional form of Afghan politics, creating alliances among tribal and ethnic factions. The money distributed by the central government - inevitably, money contributed...
...first batch of numbers instilling hope that we've arrived at a bottom shows that house prices are beginning to creep back up. The S&P/Case-Shiller index of home prices in 20 cities saw a 1.4% gain between May and June. That's only the second time the index has risen since the summer of 2006 (the other time was the month before). Once you adjust the data for seasonality - the fact that houses tend to sell for more money in the warmer months - the increase in July was actually the first since May 2006. Home-price data from...
...created. For the most part, she has continued to allow the deans of Harvard’s twelve different schools to make policy decisions on their own—reverting to Harvard’s age-old decentralized philosophy of “every tub on its own bottom...