Word: glassman
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...groundbreaking ads for Apple and Nike. Business editor Bill Saporito, who oversaw half this package, mediated a sometimes testy debate about whether the Dow will ever hit 50,000. On one side: Robert Shiller, author of the just published Irrational Exuberance. On the other side: Kevin Hassett and James Glassman, who made a splash last year with their book...
...totally logical, say economist Kevin Hassett and journalist James Glassman, who argue in Dow 36,000 that stocks are both safe and undervalued. Not so fast, says Yale economist Robert Shiller, whose Irrational Exuberance says the market is headed for decades of trouble. The two sides had it out in a TIME debate...
...technical aspects of the performance are brillant. Kudos to technical director Josh Glassman '02 as well as the lightning design of Dave Corlette and Ryan McGee, whose creative use of spotlights and colors are able to create the perfect raving atmosphere. The creativity, enthusiasm and hard-work put into this show is evident at every facet. From the VIP entrance to the "club" which is acted out by cast members to the intermission, which is an audience-involved dance break, to the ending complete with glow sticks and a fog machine, the performance is all-encompassing...
...wish I could say that the actors did as best they could with the undeveloped material they were given. Unfortunately, they seemed to exacerbate the situation. Joe Nuccio '01 as Mike yells and jumps around so much that even potentially funny speeches become annoying. His chauvinist roommate Dick (Josh Glassman '02), who is written as suddenly developing feelings near the end of the play, comes across as static as Mike is irritatng. In general, Glassman seems to have a poor grasp of his character. Dick seems more like a modern Middlebury student wearing tie-die over his J. Crew than...
...Glassman and Hassett are a different breed. They predict that the Dow will go to 36,000 in short order, gaining something like 35% a year for the next four years. Now there's a thin bough. They believe investors are revaluing stocks to a permanently higher plateau. It's a fun argument but boils down to familiar ground: diversified portfolios are superior and safe if held for long periods. A growing awareness of that idea is bringing more investors into the market at ever higher prices, inflating the average stock's price-to-earnings multiple from...