Word: falle
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Dates: during 1990-1999
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...early teens are the years when parents fall off the pedestal. While 57% of 9- to 11-year-olds say they want to be like their parents, only 26% of 12- to 14-year-olds do. "This is the 100% normal, virtually inevitable moment when kids develop an allergy to their parents," says Wolf. "They don't want to breathe the same way their parents...
Some adults lament the growing intensity of kids' summertime pursuits. "I like the era of America when kids had summer off," says Frank Farley, a psychologist at Temple University in Philadelphia. "They could stare at the clouds, run, jump, explore, do the roller coasters and Ferris wheels, fall in love, backpack, hang out." Creativity, he argues--that intangible, untestable good--is enhanced by allowing adolescents to pursue their own interests...
What's behind this off-off-Broadway revival? Emerging-markets stocks were driven absurdly low by the global selling panic that climaxed last fall. Since then, there's been a growing sense that the turmoil has ended. For the first time in nearly a year, U.S. investors are buying more shares of emerging-markets stock funds than they are selling. But if you're part of that wave and are simply chasing funds with momentum, look out. Trouble lurks. The mo may shift soon. If you're building a permanent long-term emerging-markets position, though, now is a fair...
...Asia could collapse again on its own, perhaps misreading this year's higher stock prices as a sign of economic health when the buoyant markets really are just the result of bargain hunting by a lot of speculators. Already there is evidence that Thailand, the first Asian domino to fall two years ago, is ready to declare victory and backpedal on key promised banking and other reforms. If the speculators lose faith, they will take their profits and run, and emerging markets will sink again...
...missed just as the system changed. But there will also be stories like that of Raynaldo Ramos. The nine-year-old immigrated a few years ago from Mexico. No English was spoken in his troubled and poor home, and his limited language skills made for low grades. But last fall, six student tutors from the U.C. Irvine English program came to his fourth-grade classroom. The teacher, Marisol Duarte, saw only subtle changes at first. But two months later, when the kids wrote their final poems of the term, Raynaldo's reading had jumped from first- to third-grade level...