Word: funded
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Dates: during 1990-1999
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Levin's funeral takes place today at 11 a.m. in the Levine Chapel in Brookline. Friends and colleagues plan to set up a Murray Levin Scholarship fund for under-privileged children to continue his legacy...
John Cleland, chief investment strategist at fund company Security Benefit Group, is so convinced that stocks will "melt up" next month that he has begun a special marketing campaign to attract new money by year's end. "Y2K will be the biggest nonevent in history," he predicts. "The door will not be wide enough for everyone who wants to buy stocks in January...
...sure about his melt-up prediction: a 20% Dow gain in the first quarter, Cleland forecasts. But I buy into the case for a strong market big time. Many companies fund their pension obligations in January, giving the market a boost. And there really is a January effect. Stocks that had been sold purely to lock in tax benefits the previous year tend to get noticed and bid higher early in the New Year, often resulting in a rally led by small stocks. There will have been plenty of tax selling by the end of this year. Roughly...
...temperature could rise as much as 6.3[degrees]F (3.5[degrees]C) over the next century, and we are already seeing heat waves, melting polar ice and rising seas. Local impact remains unpredictable: some areas could suffer stronger storms and other places severe drought. Seven environmental groups--Environmental Defense Fund, Natural Resources Defense Council, Sierra Club, Union of Concerned Scientists, U.S. Public Interest Research Group, World Resources Institute and World Wildlife Fund--have put together a world map showing "early-warning signs" of global warming. Reviewed by a team of scientists, the signs fall into two categories: direct manifestations...
...reform. "I want to talk for a moment about Chechnya," he said to a few reporters on his campaign bus, before launching into a critique of Russia's "brutal to the extreme" war and announcing that if he were President, he'd move to cut off the International Monetary Fund's loans to Moscow...