Word: feds
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Dates: during 1990-1999
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Dominating early and controlling the ball for most of the first half, Dartmouth struck again in the 14th minute when sophomore Jennifer Murray won a battle for the ball and then fed post who finished nicely from 20 yards...
...turbulence, they have become convinced that the economy won't weather the quick downshift. They are jettisoning the stocks and bonds of any companies that could stumble if the decade-old expansion turns to recession. But what happens if that severe slowdown doesn't hit? What if the Fed won't let it happen and moves aggressively to cut rates? Then Wall Street will have created the same sort of bargains that it does when it occasionally unloads drug stocks because of potential government regulation, or when it shuns tech stocks because a high-profile semiconductor or software company stumbles...
...believe, as I do, that the Fed's second, mid-October rate cut signals a vigilance that will avert a recession, you'll find great value in the so-called cyclical stocks and in high-yield or "junk" bonds. I have avoided junk for years because too many weak companies were able to borrow at rates only slightly higher than those paid by the strongest debtors. Confidence in the economy ran so high that even companies with no hope of making a profit this decade could tap the markets cheaply. Junk-bond investors weren't getting paid enough for their...
...fund guru and a Yale economist. Everyone agreed on the easy part: Business news has never been better business. But there was fear in the air -- even the most bearish press coverage has had little effect on the individual investor's buy-now-and-hold-forever ethos that has fed the current seven-year bull market. Everybody listens, but no one ever sells. Which poses the big questions: If and when a crash starts, what should the press say? Which analysts -- pessimists or optimists -- should they interview? Because a heavily invested America will know about it instantly. And with...
...devoid of substance. When Flockhart missed a day of work recently, idle minds began speculating that it was because of an eating disorder. Reps for Flockhart and Fox, McBeal's network, call the story "bogus," and Flockhart went on L.A. radio to insist that she is robust and well fed. Viewers will have to stay tuned to see how the story fills...