Word: footedness
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Dates: during 2000-2009
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Investors are often caught flat-footed when markets slide. In 2001-02, deflation was the fear of the day, but few investors at the time saw the opportunity in commodities, which were going for a fraction of today's prices. Today investors are obsessed with inflation, while government and top...
Knowledge sort of accumulates,” noted former University President A. Lawrence Lowell, Class of 1877. “The freshmen bring a little in and the seniors don’t take much away.” If universities, as Lowell seemed to suggest, are reservoirs of knowledge...
In but a few days, global investors have lurched from the happy hope that virtually every asset could continue going up at once, to the wrenching fear that inflation is about to surge. Markets have a memory, and certainly the trauma that inflation created for investors in the 1970s is...
When the novel begins, Hannah is 14 and bearing silent witness to the demolition of her parents' marriage while cautiously exploring the notion of romance herself. From this vivid little home movie, the book spins forward, light-footed, catching Hannah on a disastrous college road trip, falling for her trampy...
Leila Fathi, 20, a law student at the University of Nanterre, outside Paris, has been spending every day of her spring break in the library. After four weeks of demonstrations during which her university was blocked and idle, she and her co-students have a lot of catching up to...