Word: feds
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...what could go wrong? Mortgage rates could spike and buyers could walk away from their deals. But with the economy slowing and the Fed?s rate hikes near an end, that seems unlikely. These stocks won?t continue their torrid run indefinitely, but Muhlenkamp believes they will continue to rise. If he?s right on this group-and he has been for half a decade-the occasional pullback should be viewed as an invitation to join his house party...
...Warsh and Kroszner are both confirmed by the Senate, Harvard alumni would comprise more than half of the board. The current vice chairman of the Fed, Roger W. Ferguson Jr. ’73 of Dunster House, holds four degrees from Harvard—an A.B., a J.D., an M.A., and a Ph.D. He is also a member of the Board of Overseers, Harvard’s advisory group...
...York Times reported that Sen. George Allen, R-Va., when asked for his opinion on Bernanke’s nomination, responded, “For what?” Informed that Bernanke had been nominated for the Fed chairmanship, Allen admitted that he had “paid no attention” to the hearings...
...Some of us are getting pretty fed up with seeing Washington-style leaking and back-stabbing becoming standard procedure,” Classics Department Chair Richard F. Thomas said. “How do we educate students in such a climate...
...atmosphere. That’s what we’re in it for, to play in venues like this, with this kind of energy and excitement. We haven’t seen that this year, [in] any venue that we’ve been.” Yale has fed off of that energy to win 13 of its last 16 Ivy League home games, included an upset victory over league champion Penn last year, although certainly no match up elicits the emotion that pervades Lee for a battle between the oldest of the Ancient Eight. While Housman experienced...