Word: gurus
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...this the time to get out of stocks? In spite of the danger signs, few Wall Street gurus foresee a sharp downturn anytime soon, as long as interest rates stay low. That's because investors still have plenty of liquid funds left: they hold nearly $3 trillion in low-yielding investments like bank CDs and are likely to continue moving them into stocks. Even if share prices start to tumble, experts say, fund managers and cash-rich individuals will swiftly scoop up bargains and thereby halt the slide before it can erode the market 20% -- the level that indicates...
Wall Street gurus say yes, but warning signs abound...
...sanitarium catered mostly, as such places do, to wealthy nitwits who have convinced themselves that they are ill. Boyle gives us, among many others, Will and Eleanor Lightbody, a vacuously neurasthenic couple from upstate New York. She is idle and decorative, the kind of woman who latches on to gurus. He is weak and silly, dazed from the regimen of opiates and alcohol she has administered to him as "tonics." The therapeutic tortures Will endures are grotesque, but the novel's direction is predictable, and all that the story must resolve is how long it takes Will to gather...
...industry gurus, it made sense: Diller, with his programming expertise, joining forces with some of cable's leading techies, most notably John Malone, head of Tele-Communications, Inc., the country's largest cable operator. In one swoop, television's fuzzy dreams of an interactive future had acquired both immediacy and show-biz cachet. "I'm only surprised at how stupid the rest of us were not to see it," says Jeffrey Katzenberg, chairman of Walt Disney Studios. Jokes CBS president Howard Stringer: "Already he's scared the Sears catalog out of business...
This Minneapolis alternative band has emerged from obscurity to make an album that's soaring up the college charts--and for good reason. Soul Asylum's innovative sound, slightly reminiscent of the Hoodoo Gurus, is complemented by passionate vocals and an unmistakable pop sensibility on this new Columbia release. Grave Dancers Union has its share of muscle but also dabbles in daintiness. (The last song, "The Sun Maid," even has strings.) This record--particularly its standouts "Black Gold," "Runaway Train," and "Without a Trace"--simply happens...