Word: dipping
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...worried more about the politics of it. They acknowledge that the overall goal of fighting terror is vital, dovetails nicely with Bush's way of thinking and keeps the Democrats off balance. But they fear that his real challenge is growing at home, where the prospect of a double-dip recession looms. Many of these Republicans were surprised in January when Bush's strategist Karl Rove said the G.O.P. will make the President's "handling of the war on terrorism the centerpiece" of its plan to win back the Senate and keep the House in November...
...conditions, the report cited the souring of relations since last September's terror attacks on New York and Washington, the trillion-dollar lawsuit by families of 9/11 victims and talk among some conservatives about freezing Saudi assets as reasons for the alleged capital flight. The news triggered a brief dip in the value of the dollar against other currencies before jitters were calmed by subsequent reports questioning the FT's claims...
...Deutsche Bank all predict that the benchmark short-term federal-funds target rate--at just 1.75%--will go to 1% by the end of the year as Fed Chairman "Sir" Alan Greenspan (soon to be knighted for his role in the global economy) dons armor against the double-dip recession dragon. A quarter-point cut could come this week. A lower fed-funds rate is bad news for savers. Yields on things like money-market funds and short-term bank CDs, already under 2%, would drop further. Meanwhile, long-term rates, which the Fed does not control, could push higher...
BIGGS: Not just the world markets, the world economy too. The bear case is that we are going to have a double-dip recession because the further decline in the stock market will have such a severe wealth effect that the American consumer, who has been the engine of the U.S. economy and the world economy, is going to fade significantly...
...different mineral infusions for a variety of benefits. There are Jacuzzis, outdoor baths, aromatherapy saunas, massage rooms, facialists, darkened resting rooms, even a vast tatami-mat eatery complete with sequin-clad balladeer. Bathers lounge all day in pajamas provided by the spa, slipping in and out to take another dip...