Word: expectation
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Dates: during 1990-1999
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...share of national income it lost to profits in the early '90s. To the extent that wage increases run ahead of price boosts, workers' real incomes will also rise absolutely as well as relatively. And that is likely to happen, despite the fact that most of the economists expect inflation to quicken a bit from its current astonishingly slow pace--an annual rate of less than 1% in each of the first two quarters of 1998. But Roach's estimate of a 2.9% consumer price index rise in 1999 is the highest of the board's guesses, and Greenspan...
...best, Wyss and Sinai expect not even the beginning of significant world recovery before the year 2000--and some wounds will remain unhealed long after that. The era of "everybody investing in everything, everywhere" is finished, at least for a good long time, says Sinai. He thinks economists may even reluctantly stop preaching the gospel of totally free markets globally and accept the idea of a greater degree of government control, though far less than in old-fashioned command economies...
...bailout would bolster investor confidence in Brazil. But the country's President knows much more is required. Two weeks before the election, Cardoso went on national television and explained that the country will have to learn "to live within its means." Which means, for starters, that Mayor Almeida can expect...
Healthy margarine? U.S. scientists confirmed last week that a margarine called Benecol, sold in Finland, reduces cholesterol. It's formulated with natural cholesterol-lowering compounds known as plant sterols. Just 1 1/2 tsp. a day lowers total count 9% and bad LDL cholesterol 14%. Expect the spread here by early...
...artsy black-and-white ad featuring a country singer who doesn't have the usual complaints of "heartbreak"--brought to you by the WakeMed hospital's new Heart Center in Raleigh. Or a Duke ad--the sort of tasteful, care-focused spot you'd expect from a prestigious academic hospital--in which the real-life doctors featured just happen to be a hunky, ready-for-ER specialist and a looker of a female general practitioner...