Word: feds
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Penalties marred most of the second period, but the waning minutes previewed the wild third as the teams lit the lamp 22 seconds apart. With 2:28 remaining, Dominic Moore dug the puck out along the right boards and fed Stay at the point. Stay faked the blast, and slid a long pass to freshman winger Brett Nowak, who tipped it past Burt to give Harvard a 2-1 lead...
...Crimson knotted the score on a sequence of cross ice-passes. From behind the left faceoff circle, junior center Steve Moore hit his brother, Dominic, who quickly fed Turco on the doorstep for the equalizer at 10:55 of the second...
Reen Littlebrook, who said he has fed the geese almost every day for the past five years, said the birds are "somewhat confused" this nesting season, given the changes to their surroundings...
...slowdown effect, of course, will make life easier for Chairman Greenspan. "If oil prices help slow the economy down to within the 3.5 percent speed limit on growth desired by Fed economists, Greenspan may not need to raise interest rates again after March," says Baumohl. "Already the stock market senses that the cumulative effect of previous rate hikes combined with the rising oil price are going to slow growth later this year." The big question, particularly for presidential candidates, will be how abrupt the slowdown will be. If the growth rate eases gently down from the current 6 percent...
...That has Fed chief Alan Greenspan mildly concerned. When stocks fall, margined portfolios fall faster. What should make him lose sleep, though, is knowing that home-equity loans--now shooting beyond $500 billion--account for an unknown level of further market speculation. When home values and stocks rise together, "the gains from each help finance the other," he noted last November. If it turns out that rising home values are being mortgaged to prop up stocks, a crack in the stock market could hit home values hard...