Word: downward
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Dates: during 2000-2009
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Just as the world's financial markets are experiencing a serious mood swing, from exuberance to gloominess, so too is fashion. Enjoy while you can the bright bursts of floral prints sprouting up on department-store racks this spring. Come fall, fashion will follow the downward spiral of home values and investment portfolios, as designers embrace restraint with a dark palette and severe silhouette. As Amy Winehouse would so aptly croon: Back to black...
Enter Holtom, who brought to the DAC his design for a symbol that marchers could carry on banners and signs. He had arrived at the image by combining the semaphore signals for the letters N, for nuclear, and D, for disarmament. The first is a figure with arms held downward and out from both sides; the second, a figure holding one arm above its head while the other points to the ground...
Nevertheless, all those mortgages that started the problem are still worth something. House prices are headed downward, but they're not headed to zero. What turned a simple price decline into a crisis that killed Bear Stearns was the way many financial firms (hedge funds and investment banks, especially) generate their profits: by making bets with borrowed money. To borrow that money, they have to put up collateral--for example, mortgage securities. Lately, many firms have been simultaneously beset by bets gone bad and skittish lenders' calling in loans or demanding more collateral...
Chalking up another loss, the Harvard men’s volleyball team (7-9) continued its downward slide against neighborhood rival MIT (22-10), falling 1-3 (30-22, 26-30, 28-30, 27-30) in Cambridge, Mass. last night. The Crimson’s losing streak is now at four games...
...weekly feature, “Stars—They’re Just like US!” showing Ben Affleck pumping gas and Kate Hudson at supermarket. Within a month of Britney’s Super Bowl commercial, the seeds were sown for our collective consumption of her downward spiral. “The genius of Bonnie Fuller’s new approach was that almost any picture of a celebrity doing something ordinary would do,” the article says. Goodbye privacy, goodbye solipsism...