Word: feds
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Dates: during 2000-2009
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...alarm--and shame--is justified and long overdue, the manners gurus say. "We're reaping what we've been sowing for the past 20 to 30 years," says Corinne Gregory, founder of the PoliteChild. "Society has gotten increasingly callous and me-centered, and we're fed up with [the results]." Her firm, based in Woodinville, Wash., began in 2001 as an after-school program and is now a national enterprise with 2,000 alumni. Gregory's pupils are taught to mind their p's and q's and remember their three c's: caring, compassion and consideration...
...speed to bring down dinner, our ancestors depended on guile, organization and the social and technological skills made possible by their increasingly complex brains. Those who were smartest about hunting--and about gathering the plant foods they ate as part of their omnivorous diets--tended to be better fed and healthier than the competition. They were thus more likely to pass along their genes...
...they won't cure them either-and that can sometimes be just as deadly. In 1995, 2,500 Nigerians died during a meningitis outbreak after they were inoculated with fake vaccines believed to have come from India. In a similar event in China last month, hundreds of parents unknowingly fed their infants bogus baby formula made of starch and sugar. At least 13 of the children died, according to press reports. And because counterfeits are made in clandestine and often unsanitary factories, they might be adulterated with toxic ingredients. According to Bale of the IFPMA, 30 Indians died...
Only a year ago, Fed chief Alan Greenspan openly fretted about deflation, a debilitating condition in which prices throughout the economy fall, wreaking havoc on profits, job creation and wages. That threat has clearly passed. Gasoline prices have jumped 20% this year. Other things are getting more expensive too, including milk, cereal, clothing, furniture and hotel rooms. Yet in most cases the increases have been marginal. Pet-food prices are up 3% to 6% this year, after three years with no increases. Computers and other electronics continue to get cheaper. The Consumer Price Index for April, reported last week, rose...
...should quit the hand-wringing. Stocks may have a rough period for a bit. Typically, stocks fall 1.3% in the two months after the first in a series of Fed rate boosts, reports Ned Davis Research. But stocks rise 5.1% the two months after that and keep going up. So look for opportunities to buy. Lighten up on bonds, which lose value as rates rise. Short-term bank certificates of deposit and money-market accounts still offer paltry yields. But as the Fed swings into action, the payouts on these short-term instruments will rise. As long as rates move...