Word: hiccups
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...each incremental shift in their fortunes. But for the professionals, it’s only the wide-lens view that matters. It’s the difference between magnifying a single dip or rise in the Dow Jones and seeing it from a few feet away as a simple hiccup in a concerted (and, for the expert poker player, orchestrated) upward trend. You’re not really a gambler until you’ve gone broke and made it back. “Losing is normal. You’re supposed to lose,” Darkhawk says...
...will and the ability to maintain New York’s standing as a key financial center—while helping ensure that Wall Street does not help cause the next global financial crisis—historians may look back on his tvhird term as an embarrassing hiccup in democracy that ultimately helped maintain New York and America’s dominance on the world stage...
...critics questioned the program's worth and the need for future missions. But ISRO scientists say they simply underestimated the radiation levels the probe and its communication system would face, problems they will now fix. The water discovery was vindication that they had got a lot right and the hiccup, said chairman Nair last week, was all part of a normal learning curve. The ISRO, Nair told reporters, is "100% satisfied with the mission's objectives." (See the top 50 space moments since Sputnik...
...jargon, it was an insider's confession of why our present economic moment is fraught with both danger and opportunity. There appears to be, Summers told the suddenly very attentive crowd, a strange bit of physics working itself out in our economy. The problem is related to a hiccup in an economic rule called Okun's law. First mooted by economist Arthur Okun in 1962, the law (it's really more of a rule of thumb) says that when the economy grows, it produces jobs at a predictable rate, and when it shrinks, it sheds them at a similarly regular...
...never came back. Workers had to move to the industrial sector, a transition helped by the demands of a war. It was massive national hysteresis. Sound familiar? "A lot of the jobs that have been lost will never come back," the Peterson Institute's Kirkegaard says. Which means that hiccup in Okun's law is a warning: growth alone won't employ America again...