Word: jonesing
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Dates: during 2000-2009
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Of course, that doesn't mean the market won't keep falling, getting even cheaper. For the global market, as measured by the MSCI World Index, to hit the valuation it did in the 1981 recession, stock prices would need to fall an additional 40%. (See the Top 10 Dow...
Clapping in unison as they slowly walked into Blodgett Pool, the members of the Harvard men’s swimming and diving team entered with both the pride and pressure of being the only remaining undefeated team in the Ivy League. The question was whether the Crimson (3-0, 3...
At a time of economic peril, of course, that is probably a good thing. Geithner has been in the middle of efforts to mitigate the financial crisis since it began in August 2007, and he is likely to be welcomed in Capitol Hill confirmation hearings as warmly as he was...
That puts Goldman well ahead, for the moment at least, of even Nouriel Roubini, the New York University professor known as Dr. Doom - whose current forecast is about -4%. Lots of Wall Street economists less renowned for their gloominess have by now moved past the -3% mark. In fact, one...
The subject was explosive. Two days earlier, Bennett had received a phone call from a Maryland woman named Linda Tripp, who said her friend Lewinsky had had an affair with Bill Clinton, and that superlawyer Vernon Jordan was trying to land her a job to buy her silence in the...