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...news hit the financial markets last week like a right cross from Heavyweight Champ Mike Tyson. An unexpected rise in the U.S. trade deficit ! knocked down the dollar against foreign currencies and sent the U.S. stock and bond markets reeling. Combined with an alarming surge in producer prices, the disappointing trade figure for February increased the odds that the Federal Reserve Board might feel compelled to raise interest rates to stabilize prices and defend the dollar. With that, the threat of a downturn -- and another stock-market crisis -- loomed once again...

Author: /time Magazine | Title: Punch in The Eye | 4/25/1988 | See Source »

...Champ...

Author: By Casey J. Lartigue jr., | Title: Fencers Finish 8th in NCAA Finals | 3/24/1988 | See Source »

Although the squad is content with its 17th-place showing this year, don't think that it is ready to rest on its laurels in the coming seasons. All nine NCAA team members will be back for the 1988-89 campaign. So will Eastern individual medley champ Jenny Meyer...

Author: By Joseph Kaufman, | Title: Aquawomen Finish in 17th Place at NCAA Swimming Meet | 3/22/1988 | See Source »

...three-time defending Eastern champ Brown had a problem. One relay in finals, one swimming for consolation. Four individual finalists and three consolation finalists. Good for a fourth-place total of 111 points. This is a team that earned over 800 points in each of the last three Eastern meets...

Author: By Joseph Kaufman, | Title: Morning Can Break | 2/26/1988 | See Source »

...today's measurements, Fratianne would have won the gold medal. "But sometimes I think my sanity is better off with the silver," she says. "My father used to send me a bouquet of flowers before every competition. The card always read, 'Win or lose, you're still my champ...

Author: /time Magazine | Title: Skater Debi Thomas: The Word She Uses Is Invincible | 2/15/1988 | See Source »

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