Word: hovers
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...will he be? White has given no public indication of what he will say. He's likely to make a strong case that his dissent in the murder case had to do with faulty evidence, not sympathy for criminals. But will he discuss the racial issue or let it hover unspoken? White is said to be still angry about what he sees as Ashcroft's mischaracterization of his views. That anger could give the hearing enough punch to remind TV audiences of the Clarence Thomas-Anita Hill battle of a decade...
...niche player. It can still bank on its reputation as a freewheeling international city with a sound judicial system and guarantees of autonomy under the terms of the takeover. Those qualities could help preserve the territory's financial supremacy. The city's low business-tax rates, which hover around 16%, still attract foreign investors and entrepreneurs. In Shanghai, corporate taxes fall below 33% only for denizens of Pudong. Perhaps most important, Hong Kong remains Asia's banking center and a must stop for anyone in the region seeking corporate financing. Chinese banks, on the other hand, are still tightly controlled...
Just 30 miles inland, conditions aren't quite so pleasant. The sunset is every bit as gorgeous from here, at the summit of the long-dormant volcano Mauna Kea, but temperatures hover around 38[degrees]F, with a windchill that dips well below freezing. At an altitude of nearly 14,000 ft., the atmosphere carries barely half the oxygen it does at sea level, so the slightest exertion can leave visitors gasping. Those who travel to the summit without getting properly acclimated risk altitude sickness and even death...
...usually tops the list of the largest classes. With around 800 students enrolled each year, approximately one-half of the undergraduate population will have taken it by graduation. Yet this enormous popularity is not due to a reputation of excellence. Rather, as the CUE Guide reports, course scores hover around 3.5 while professor scores stick close...
SHILLER I didn't say "terrible crash." That is one plausible scenario, but other plausible scenarios are that [the Dow] will go up for a while and then just kind of hover for many years and give a low return. My book uses a 10-year horizon, which is viewed as the really long term. Ten to 20 years, it looks like we will have poor runs, maybe in the negative for 20 years--there is a good chance of that. In periods of high P/Es [price-to-earnings ratios, a measure of how expensive stocks are], stocks have done...