Word: highes
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Dates: during 1980-1989
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...members of the other two families are even more elusive. Some have never been directly observed, and the others have only been spotted fleetingly in cosmic rays or high-energy particle accelerators. The second family consists of so-called "charmed" and "strange" quarks, muons and muon neutrinos. The third is made up of "top" and "bottom" quarks, tau particles and tau neutrinos. Last week's announcements do not preclude the possibility that other types of particles could be discovered, but they raise the odds against that happening, by Stanford's estimate, to better than...
...increased regulation of agriculture and made government-subsidized loans to low-income city dwellers, peasants and small businessmen. Perez personified the socialist conviction that the common good can best be bought with public money. But by the time he left office, Venezuela was suffering from a massive deficit and high inflation, which were followed by a recession and crippling foreign debt when the oil boom turned to bust...
...been on the trading floor for 39 years, and I've never seen the market go up so fast for so long without a major break." Yet the bulls kept on running. Just last Monday the market closed at a historic peak of 2791.41, its fifth record high in as many sessions...
Many investors, especially short-term speculators, were badly shaken. The biggest losers were Wall Street arbitragers, who make money by buying the stock of takeover targets and selling it at a higher price when the deals go through. The high anxiety about the junk-bond market sent the stocks of takeover targets plunging across the board. "The arbs got their heads handed to them," said Anson Beard, the chief trader for Morgan Stanley. "Very few anticipated that the UAL buyout could fail." Small investors suffered less because they have been less active in the market since the 1987 crash...
...market with nervous anticipation to see whether it can shake off its anxiety attack. The Federal Reserve will monitor events carefully to determine whether it should come to the rescue with a dose of easier money, as it did in 1987 to restore confidence. One fervent hope was that high-rolling investors would come roaring back into the market, looking for bargains. But while it was easy to attribute last week's chiller to everything from program trading to superstition about Friday the 13th, there was a deeper message: confidence in the stock market will remain shaky as long...