Word: indexation
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Dates: during 2000-2009
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...withheld his rent from his landlord because repairs were not made to his home. The details of the story were left ambiguous enough that Donald could easily be perceived as a justifiably aggrieved tenant - or merely a jerk. While they read, different students were asked to extend either the index finger or the middle finger - though to keep the test free of the subtle influence of language, the term "middle finger" was never actually used. Instead, the students were shown a diagram in which each finger was labeled alphabetically - digit...
...meetings that day, the city's electricity - or "Maliki power," as the residents call it after Iraq's increasingly powerful Prime Minister - occasionally went down. No one was ever surprised; we would continue talking in darkness until a generator started up. According to the Brookings Institution's Iraq Index, in January this year average Baghdadis were getting 13 hours of electricity per day, up from seven in 2008. A lot of statistics suggest that life in Iraq is improving - though, in the case of electricity, the same index estimated prewar levels to be 16 to 24 hours...
...market low set back in November 2008. The Dow had dipped below the November low earlier in the week but finished the day higher. Thursday's close below the November low is to some a confirmation of the market's bearish trend, implying lower prices ahead. The Dow index, which finished the day at 7465.79, is down 10% over the last eight trading days, and is also at a new five-year low. (See the top 10 Dow Jones drops of all time...
...market analysts agree on the significance of today's market signal. "I follow the S&P 500 because that's where the money is," says Phil Roth chief technical analyst at Miller Tabak in New York City. "And there the index is still about 4% above its November low." Even so, Roth believes Thursday's Dow drop and its new low-water mark will make the next few trading days anxious ones. "It's important psychologically," he says, noting that negative sentiment has kept buyers at bay, and today's technically significant drop could make them even more skittish. Days...
Faced with ubiquitous signs of global economic meltdown, investors sold stocks in force on Tuesday, dragging the broad market indexes down near the lows reached last November. The Standard & Poor's 500 index, weighed down by financials, fell 4.56%, while the Dow Industrials sank 3.8%, falling to within a fraction of its November 2008 low. Among the hardest hit sectors were bank stocks, down 10%, oil service stocks, down 8.2%, and semiconductor stocks, which fell 6.7%. Gold Mining was among the rare winners Tuesday, with the industry group rising 2.5%. (See pictures of the top 10 scared traders...