Word: firmness
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Oelschlager also noted that his firm keeps a low expense ratio, keeps trading costs down and manages its portfolio in a tax-efficient manner...
...Gold is the one currency a central bank can't print," says Martin Murenbeeld, a veteran gold watcher who is chief economist for Canadian money-management firm DundeeWealth. Gold's big attraction as a pillar of the global monetary system is that it isn't beholden to national politics. The downside is that its supply increases fitfully, with no regard for the state of the world economy. That's why John Maynard Keynes called the gold standard a "barbarous relic," and why you won't find anyone outside the goldbug fringe calling for a full return to the gold standard...
...much the extra troops would cost is in dispute. Orszag pegs it at $1 million per soldier per year, which works out to an additional $30 billion a year for 30,000 more troops. The Pentagon says it's half that. But a new study by consulting firm Deloitte makes clear that fighting inside a landlocked country where the Taliban has shut down much of the meager road network has drastically inflated even routine costs. The average U.S. trooper in Afghanistan requires 22 gal. (83 L) of fuel a day--but the cost of buying a gallon of fuel...
...functioning. Oil Minister Hussein Shahrastani estimates it will cost about $50 billion to upgrade infrastructure needed to produce Iraq's target of 6 million barrels a day by 2017. "Iraq's oil industry is in a dire state," says Samuel Ciszuk, Middle East energy analyst for the consultancy firm IHS Global Insight in London. "Decades of war, brain drain, political instability and underinvestment have all depleted what was there." When foreign oil companies finally start working Iraq's fields, they will face a critical shortage of local engineers, geologists, managers and almost everyone else they need, since previous generations...
...Dean Smith wrote in an e-mailed statement that “it is my firm belief that everyone at Harvard appreciates and understands the importance and value of our library system...