Word: dismalness
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Wall Street has typically fared better under Republicans than under Democrats. Stocks skyrocketed 129% under the Reagan Administration, for instance, in contrast to a measly 1% during the Carter years. The market has climbed 37% under Bush but has behaved erratically in recent months owing to a dismal U.S. economy and global currency turmoil. Although stocks reacted favorably last week in response to reports of higher corporate earnings, fewer jobless claims and signs of a rebound in housing, analysts say the market is looking forward to a change in the White House. Not so the bond market, which has enjoyed...
Take Lyndon Johnson. In his career as a Senator from Texas, Johnson had a dismal record on issues of civil rights...
Despite the win, Wheaton was not overly pleased with his team-largely because of it's dismal offensive performance...
Anyone who thinks that economists practice a dismal science has never been treated to the vivid commentaries of Allen Sinai. "It's the forces of darkness vs. the forces of light," he says, describing the tensions at play in the U.S. economy. "Hate vs. love, like in the original Cape Fear, but the love will win." Sinai, president of the Boston Co. Economic Advisors, was one of five experts who convened in New York City last week for a TIME economic forum. The meeting was part of a tradition going back to 1969, when the magazine began inviting top economists...
...Republican strategy has long been todeflect attention away from a dismal economy andtoward character issues...