Word: bulls
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Dates: during 1990-1999
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...this year and 5% next. But he notes that his figures are below the lowest estimates being made by Wall Street analysts. He expects--"by the end of the summer"--a correction of 10% to 15% in today's stratospheric stock-market prices that will interrupt a long-term bull trend. Varvares is both more and less optimistic. He foresees only an 8% drop in the Dow Jones industrial average but one that will fall "on a sustained basis" through year...
Through maturity and Jackson's required Zen meditation sessions, Jordan has bottled his frenzy, turned it into intensity and shared it with his teammates. Ex-Bull B.J. Armstrong, whom Jordan never fully embraced, said Jordan showed him how to win. "He has passion. And you have to have that same passion, that same will, to beat him," he says. "He prepares himself in a way that no one will understand because I don't think too many people are willing to pay that price...
Some people love dinner-party brawls. They hope, under the influence of several glasses of wine, to score a Churchillian bull's-eye along the lines of "Yes, madam, but tomorrow I shall be sober!" It never happens...
...young, aspiring fund manager's dream. Early this month, mutual-fund giant Fidelity reached into obscurity and fingered Matthew Grech, 28, a semiconductor analyst, to run its faltering, $2 billion Select Electronics mutual fund. Bull-market madness? Perhaps. But if it is, Fidelity is not alone. With record amounts of capital flowing in ($30 billion just last month), mutual-fund firms are hunting for fresh talent in novel places--not quite kindergarten, but not very far removed from school...
...average manager's age still stands at a respectable 48, according to fund researcher Morningstar, but new technologies and new demand for investments have created a bull market for fund managers. And a deep resume isn't necessarily a requirement for the job. Grech, for instance, has been out of business school for two years, joining precocious stock pickers like his rising Fidelity colleague Erin Sullivan, also 28. While few shops actually give newbies a chance to run a fund as early as Fidelity, it's not too hard to find a fund at any firm that's watched over...