Word: jolts
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Dates: during 1990-1999
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Adults got a jolt when Beloit College in Wisconsin released a "Class of 2003 Mindset List" last month, which named 43 news events and bits of popular culture that today's college first-years do not remember...
...booming economy and unavoidable inflation--the steps that lead to a stock market stumble. Now, though, Fed hikes don't have that kind of impact because inflation has proved inert for a decade. Even if the Fed raises interest rates a third time this fall, it won't necessarily jolt the market...
...could margin investing turn cataclysmic? Here's the scenario most feared--and most plausible. The combination of rising interest rates, lofty P/E ratios and some unexpected Y2K problems in the period ahead could jolt the market into a major sell-off. Internet stocks would be most vulnerable, but the damage could spread to other equities as well. If a stock bought on margin falls 30%, the stockbroker typically grabs the phone and utters the dread words "margin call." It means you've lost so much money on the stock you bought with borrowed funds that you have to dig into...
Thankfully, frozen, iced and blended concoctions abound in the Square, offering the thirsty student a range of choices packed with fruit, nutritional supplements or the allimportant caffeine jolt...
Even weirder than pure unfamiliarity is the jolt of seeing old things in new places. Packing is the process of looking at accumulated junk and asking, What is this? Why does it take up space in my life? What on earth possessed me to keep my third grade English papers? Why do I have a snow globe collection...