Word: coale
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Dates: during 2000-2009
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...cheerful willingness to settle for less than the big dream. (At least, that's what they say on camera. The Brits have such lovely manners, don't they?) A few have lived abroad, but all remain captives of a society still largely defined by class. Apted, whose films include Coal Miner's Daughter and The World Is Not Enough, has the storytelling skills to weave a powerful and poignant snapshot of some decent folks who have become, collectively, Britain's first family...
Second, the Federal Reserve is expected to tighten rates, maybe even dramatically, to try to cool off the consumption boom. An aggressive tightening could wreck whole sections of this market, from cyclical industries like coal and steel and copper companies to banks and savings and loans. Cyclicals need low rates to keep the expansion going. Financials rely on the spread between short rates and long rates for much of their profits, and if the Fed takes up short-term rates, their margins will be squeezed and their earnings could disappear...