Word: despaired
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Dates: during 2000-2009
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Contrary to Bogle's prediction, though, the rise of the credentialed pros and commensurate decline of often ill-informed part-timers haven't stabilized a thing. This year we've seen the professionally managed market for mortgage securities travel from giddy abandon to deep despair in a matter of months, dragging other markets down with it. That's just this year: think back to the rise and fall of the dotcoms, the emerging-markets meltdown of 1997 and 1998, the bond crash of 1994, the stock crash of 1987. As Bogle put it a few years back, "Keynes one, Bogle...
...collective groan of despair seemed audible Monday as millions of Parisians, freshly returned from sunny summer vacations, threw open their shutters to find the same unrelentingly leaden, dripping skies they'd fled just weeks before. The annual post-holiday "rentrée"- or September return to work and school - is always bad enough, but many of the Parisians setting off on that initial commute Monday looked oddly ashen under their tans as they cursed autumn weather that has plagued the capital all summer. "This had to be the crappiest summer in the history of weather," spat Lionel Martin...
...This was a day of remembrance, yes, but not really a day of grieving. Unlike the flood of despair that poured forth in 1997, this time around there was barely a tear. Along the pavement towards Guards Chapel, some stared off into the distance, while others warbled to the hymns piped out over loud speakers from inside the service. Done with humming, "The Lord's My Shepherd," Londoner John Santos fondly remembered "an outstanding woman with a common touch." Showing up today, he said, was simply to make sure that "won't be forgotten...
...sprouting plants from frostbite while cool summer temperatures had kept roots from scorching under the Castillian sun, and this farming town, located two hours northwest of Madrid, expected an abundant crop. But then came the voles. By harvest time in late August, Margarita Alonso's hope had turned to despair. "Look at this!" she exclaimed disgustedly as she discarded gnawed potatoes from atop the family combine. "They've eaten half the crop...
Alonso, who calls the lack of government action a "disgrace," shares the despair of many farmers in Carpio. As she and her husband, along with four hired workers, toss aside the ruined potatoes they've just unearthed, she frets about the future. "The voles have taken our winter bread," she says. "What are we going...