Word: downturned
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...longer the downturn continues, however, the more likely it will become that cutbacks will “really dismantle things that we still need to be in the business of doing,” Kirwan said...
...troubles of today’s market were temporarily overshadowed by the more immediate concerns of going through the application process, but the downturn was far from forgotten...
...Gist: The College Board has released its annual report on the cost of higher education, and the news is distressingly predictable: despite the current economic downturn, college is getting more expensive. Tuition and fees for the 2009-10 school year at a private, four-year college or university now averages $26,273, a 4.4% increase from last year. Throw in room and board and you're up to $35,636. Public schools are a better deal, of course, but their price tag is growing even faster - up 6% or more. All this in a year where the cost of most...
...successful 2008 Olympics showed China as a world leader in sport, and the relative strength of the country's economy amid the global financial downturn has given it further economic clout. China's domestic publishing industry has expanded rapidly since economic reforms began in the late 70s, with 270,000 titles published last year, but overseas recognition of this growing body of literature hasn't followed as quickly. Chinese leaders have long worried about China's lack of soft-power influence of the sort that the U.S. and Europe achieve through their prominent roles in media and arts...
Rebalance your portfolio. Most people don't look at their statements when the market is going south - much less do anything about shifting their asset mix. Look at what you own - now! If you went into the downturn with 60% stocks and 40% bonds and have done nothing, your mix is now about 50-50. You have cut your exposure to stocks just as they have become more likely to rise. How important is it to get back to 60-40 (or any other target mix that has been skewed by volatile markets)? A starting balance of $100,000 that...