Word: indexable
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...climb a hill, the chain -- and rider -- can slip. "Gear fear" is the main reason why "so many of the ten-speeds that were bought in the cycling boom in the '70s are hanging in garages," says Fred Zahradnik, technical editor of Bicycling magazine. But with new index shifting systems from companies like Shimano of Irvine, Calif., he explains, "you just push the button, hear it click, and you're in gear." Shimano's system uses special teeth and ramps to move the chain smoothly between gears...
...almost all stocks fall. But how sure are you we're in for a bear market? Or that a good deal of the damage hasn't already been done? (The Dow is near its all-time high, but many lesser stocks are off 20% or more.) "Our Fund Timing Index has risen to its highest and most bullish level in history," reported a recent issue of Norman Fosback's Mutual Fund Forecaster, which looks for a 32% rise in the market over the next twelve months. Sure, Wall Street seems gloomy these days, says Fosback, but that's the time...
...almost every statistical index, West Virginia's economy is among the the worst in the nation. With a per capita income of $11,735 the state ranks 49th in the U.S., well behind the national average of $16,489. Almost 23 percent of West Virginians live in poverty--the third highest poverty rate...
...Author Comfort Index (ranging from 10 to 1) measures the amount of egalitarianism generated by writers in their books. King, Clancy and Steel achieve highest scores in this category, and Robert Fulghum ranks near the top with a 9.7. They have mastered the trick of making their readers feel not only their equal but frequently their superior. On the other hand, Rushdie and Hawking are manifestly forbidding, the smartest guys in the class. Give them both...
Besides seeking to buttress the yen, the Bank of Japan was trying to prevent an outbreak of inflation. Consumer prices are rising at a relatively modest 3% annual rate, but the official index fails to provide an accurate measure of many worrisome signs. Residential land prices in the booming city of Osaka rose 56% last year. So far in 1990, hotel rates have risen 9%, and the price of a bottle of Kirin beer is up 6.7%. Petroleum prices also rose last year, no small matter for a country that imports nearly...