Word: dismalness
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During these dismal economic times, perhaps the sweet science can relieve a little stress. "Picture some person you hate," says boxing champ Oscar De La Hoya. "Put their face on that bag and just punch at it. Let go of those frustrations." Feel free, by the way, to imagine punching your stock portfolio or some doughy-faced financier...
...Undergraduate Council (UC) Election Commission lengthened this year’s presidential campaign from four days to 11, giving student government hopefuls an extra week to preen and be vetted before polls open on Dec. 12. In the face of last year’s dismal voter turnout, the extension of the campaigning period for UC candidates is undoubtedly a good thing. With a sufficiently large student body, it is hard for any candidate to be known widely enough on campus for all students to make an informed voting decision. Freshmen have had only three months to meet other students?...
...there much hope to be gleaned from the overall market. Auto sales, and with them an opportunity for a strong GM rebound, aren't expected to recover for quite a while. GM is renowned for its optimistic sales forecasts, but its outlook for the next three years is downright dismal. (Read "The Ripple Effect of a Potential GM Bankruptcy...
...even if a fund has a stellar long-term track record, do you really want to be hopping in at a time when recent performance has been dismal and other investors are headed for the door? "To get into some the best funds, you often have to do it when things aren't going great," says Russ Kinnel, director of fund research at the investment analysis shop Morningstar. "Virtually all of these funds have lost money since they reopened. You can't argue it's some magical low point...
Meanwhile, a National Retail Federation survey showing a 7.2% increase in Thanksgiving-weekend retail spending vs. the year before failed to convince skeptics on Wall Street who still expect a dismal holiday shopping season overall. Even though Thanksgiving sales were stronger than many expected, the steep price markdowns did not augur well for retailer profitability...