Word: correctionals
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What are seasonal stock-market patterns pointing toward? Right now investors have a tremendous amount of doubt with respect to the stock market. With the economy just coming out of recession and stocks up more than 40% from the lows, people are thinking, 'It's gotta correct, it's gotta correct.' But historically, it doesn't have to correct, and that's what these seasonal patterns show - following big runs in the summertime, the stock market does not, on average, turn negative in the fall...
...think of myself as intensely religious," he says. Asked about Pope Benedict XVI's latest encyclical, Caritas in Veritate, the first economic and social statement of his papacy, Gingrich admits he hasn't yet read the whole thing but opines that the parts he has examined are "largely correct." And before Mass one July Sunday, Gingrich took a seat near the aisle and bowed his head. But he wasn't praying. Instead, the famously voracious reader was sneaking in a few pages of a novel until the service began...
...this last statement, while technically correct, does not tell the whole story. The health-care reform proposed by House Democrats, if enacted, would in fact mark a significant change in the Federal Government's role in the financing of abortions. "It would be a dramatic shift," says Representative Bart Stupak, a Michigan Democrat who has vowed to oppose the bill because of how it would affect abortion. Stupak says dozens of House Democrats may join him in opposing a final health-care compromise unless the abortion language is changed, presenting a clear challenge to Democratic vote counters that could imperil...
...heavily focused elsewhere that it is not really interested in the former Soviet Union," says Dmitry Trenin, director of the Carnegie Moscow Center, an independent think tank in Moscow. "The reset was done on the U.S. side; the Russians didn't feel they had anything to correct...
...Doge’s palace and listen to one of the many tuxedoed string quartets in San Marco play Vivaldi (though they prefer it when the quartets strike up The Sound of Music). They say they have seen and done Venice and, in a sense, they would be correct...