Word: dropping
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Dates: during 1990-1999
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Following on the heels of five consecutive years of higher-than expected endowment growth, the drop over the last two-and-a-half month period was 3 percentage points below HMC's benchmark. The group forecasted a drop of only 7 percent...
...Standard & Poor's 500 and the Dow Jones industrial average both declined by about 10 percent between July and mid-September, roughly the same drop as Harvard's endowment...
...nearly everyone knows that Good Will Hunting, last year's block-buster flick starring Harvard drop-out Matt Damon '92, was filmed in and around Cambridge. But how many people know about the scores of other big pictures, including Amistad and Glory, shot in Beantown...
Although the Minutewomen (4-7, 1-1 Atlantic 10) did not drop a game, the match hinged on the first game, which could have gone to either team...
...Greenspan's backdoor way of telling us that there will be a drop in rates sooner rather than later," says TIME business reporter Bernard Baumohl. "He's convinced that deflation is as big a problem for the U.S. as inflation, and that means he can lower rates in order to ease the currency strain on Asia and Latin America." So now the secret's out about Tuesday's FOMC meeting -- maybe. The Fed can still stand pat, and if it does, all those Greenspan-induced gains could go right out the window...