Word: indexable
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...ELECTION used to be simple: keep employment high and prices low. Indeed, as of the early 1980s, the noted political scientist Seymour Martin Lipset was touting this formula as a potent predictor of electoral outcomes. Just add up the unemployment and inflation rates, he said. If this "misery index" was below 10, thumbs up for the incumbent. If above 10, then it was time to pen the memoirs...
Well, that was then. These days the misery index is just above 8, the lowest in a quarter-century, theoretically signifying a Nirvana-like America. Yet President Clinton spends much of his time saying he shares our pain. And this isn't just another example of his famously rampant empathy. Conventional wisdom has him presiding over seething economic discontent, even as he presides over an ongoing economic recovery that makes Europe and Japan envious...
...Maddux and Belle do have something in common besides the fact that they're both 29. Belle, as befitting the son of two schoolteachers, is a student of baseball. He keeps detailed index cards on pitchers, and he spends as much time in the batting cage as anyone in the game...
...Jones industrial average rebounded from yesterday's sell-off and rose 28.18 Tuesday to 4,783.66. The New York Stock Exchange composite index was up 0.58 to 312.90. On the Big Board, decliners outnumbered advancers 1,156 to 1,101, with 773 unchanged. The technology-heavy Nasdaq composite was up 2.46 to 1,039.38. The Standard & Poor's 500 stocks rose 2.00 to 587.02. The American Stock Exchange market value index dropped 0.25 to 524.91. In London, gold...
Positive corporate earnings trends boosted the Dow Jones Industrial average strongly upward Friday. At 2 p.m., the Dow was up 40.43 points to 4,805.34. If this levels holds, the Dow would set a new record. On the New York Stock Exchange, the composite index gained 1.94 to 314.31. On the Big Board, advancers led decliners 1,494 to 751, with 743 unchanged. Volume was 258.73 million shares traded. The Nasdaq composite had risen 5.83 to 1,021.46. The Standard and Poor's 500 stocks were up 3.39 to 586.49. The American Stock Exchange market value index gained...