Word: indexes
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Dates: during 2000-2009
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...this triggered a flurry of dedicated mutual funds, value managers, ETFs and hedge funds to move into the sector in a big way, notes Bilerman. Although the FTSE NAREIT All REIT Index surged 97.6% from the group's trough on March 6, it's still off 50% from its peak in February 2007, according to the NAREIT. So investors are willing to pay up for REITs based on their longer-term outlooks and potential windfall in the distressed real estate market, says Bohjalian. REITs touted as likely buyers in the distressed market are Simon Property Group, Vornado Realty Trust, Boston...
...Gist: The global recession has unseated its government and clobbered its economy - even McDonald's is jumping ship - but when it comes to gender equality, Iceland is the world's beacon. The tiny island nation tops the World Economic Forum's 2009 Gender Gap Index, the group's fourth annual assessment of global equality between the sexes. With more women elected to Parliament and advances in female economic and educational participation, Iceland leapfrogged its larger Nordic neighbors, edging Finland, Norway (last year's No. 1) and Sweden to lead an all-Scandinavian top four - an honor determined by measuring...
...becoming the first to lower its rate since the U.S. passed a minimum-wage law in 1938. Officials say a 2006 amendment to Colorado's constitution--in which voters opted to tie minimum wage to inflation--forces them to cut the rate because the state's consumer price index fell this summer...
During breaks, he jots notes on index cards and confers with his advisers: Josh Weiss, a baby-faced 25-year-old producer, and Dan Colla, a burly, affable childhood friend who is a dead ringer for the male model Fabio. After a sympathetic caller declares that the governor's staunchest political foes - including Illinois house speaker Mike Madigan, Governor Pat Quinn and state senate president John Cullerton - deserve to be pelted with rotten fruit, Blagojevich urges would-be assailants to aim for the head. Within a few mind-bending minutes, he slams Quinn's tax policies, speculates about the percentage...
...China Merchants Group, wrote in Thursday's Financial Times. Qin said he didn't think "a quick, steep bounce driven by fiscal fixed investment is a good thing for China," adding that the current loose monetary policy should shift to neutral. On Thursday, Hong Kong's Hang Seng Index dropped by 0.5% and the Shanghai Composite Index fell 0.6% on concerns that China would begin to tighten monetary policy in response to fears of expanding bubbles in real estate and financial markets. (See pictures of China's infrastructure boom...