Word: falling
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Dates: during 2000-2009
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...than 40% from the lows, people are thinking, 'It's gotta correct, it's gotta correct.' But historically, it doesn't have to correct, and that's what these seasonal patterns show - following big runs in the summertime, the stock market does not, on average, turn negative in the fall...
...traditionally September is known for being a lousy month for stocks, right? We've experienced in the last 25 to 30 years pretty sizable corrections in the fall, whether it's September or October. We saw it in 1929, but more recently in 1987, and in '97 and '98 as well. Even when there's not a big sell-off, it's not a good month. In fact, since 1942, September has been the most negative month in the stock-market year, exhibiting on average a 0.5% negative return. That's the seasonal pattern most people think of when heading...
...Administration is pushing for a global-warming deal, and a cap-and-trade bill that was passed by the House and is now up for debate in the Senate would finally commit the U.S. to real carbon reductions. But under the new law - if it passes - U.S. emissions would fall only 13% from 1990 levels by 2020. The European Union, meanwhile, has pledged to make cuts of 20% from 1990 levels by 2020, meaning there is still considerable daylight between what seems politically feasible in the U.S. and E.U. And while governments at last month's G-8 meeting pledged...
...from perfect - a concept car it revealed at the Paris auto show this year had its tires mounted backwards - but it received a boost last fall when American financial wizard Warren Buffett bought 10% of the company for $230 million, a stake that is now worth at least four times as much. "BYD is obviously way ahead of everyone," says Jack Perkowski, a Beijing-based businessman who has worked as an executive in the Chinese auto industry. "It has a core competency in the fundamental technology you need for electrics...
...director of the Center for Economic and Policy Research, who has done his own analysis of price-to-rent ratios. "It's when you see large divergences that it matters." After all, there are other considerations that go into the decision to buy a house. When Choe bought last fall, he figured the air was still coming out of real estate, but his older son was about to start kindergarten, and he wanted to settle into the right school district. "My thinking was, It's not the bottom, but it's gone down enough," he says. (See pictures of modernist...