Word: feds
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Dates: during 1990-1999
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Junior forward Matt Mallgrave fed junior forward Steve Flomenhoft behind the right post. Flomenhoft, battling with a Cornell defenseman, kicked the puck into the crease where Burke tipped it home to knot the game...
...Captain Bev Stickles fed a streaking Whyte midway through the second period, Whyte then beat Brown goalie Kate Presbrey to put the Crimson up by a pair...
Clinton has fed an almost palpable voter hunger for a new face and a new voice speaking neither liberal nor conservative orthodoxy. But that hunger can ( be dangerous. Suppose Clinton does sew up the nomination by mid-March and the Republicans discover a Willie Horton or Donna Rice in his background? They might choose to withhold the information until Clinton delivers his acceptance speech at the Democratic convention in July, when springing it would be most damaging. The grind of press conferences, debates, primaries, caucuses has often been vilified in the past as no test of anything about a candidate...
...most responsible for fueling the rally was Alan Greenspan. The Federal Reserve chairman engineered a drastic drop in the discount rate, which is what the Fed charges banks for borrowing money, from 7% at the beginning of the year to 3.5% at the end. Besides giving the economy a nudge, the drop in rates triggered a wave of so-called asset shifting. Dismayed by low yields on CDs and Treasury securities, savers bet their money on the stock market. A record $31 billion flowed into stock mutual funds during the first 11 months of the year...
...reliable is a rising market as a leading indicator of economic recovery? In the past, the bulls have been a good bet. The last time the Fed pushed down interest rates to end a recession was in the summer of 1982, which quickly sparked a Wall Street rally. Four months later, the economic slump was over. But bulls know when to retreat too. If investors see no recovery by summer, watch out for at least a temporary comeback of the bears...