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...example, the Depression collapse didn't finally bottom until 1932 after falling 90%. However, from its low in 1932, it went up 300% within one year. So, here's my point. The feeling I get all over Wall Street is that even if we recover from this, it will be a slow and arduous process. It'll take a long time. But history would suggest just the opposite. (See pictures of the stock market crash...
...banks alone have a more than $293 billion exposure to Eastern Europe, roughly 80% of the Austrian GDP. When, on February 17, rating agency Moody's warned that it might downgrade a number of western European banks with exposure to the region, the euro plunged to a three month low of $1.26 against the dollar. "Given the combination of banking and trade links between Eastern and Western Europe that have been built up over the past five to ten years, it's clear that this cannot be seen as a self-contained regional crisis," says Neil Shearing, Eastern Europe economist...
...Low fat, low carb, high protein - there's a diet plan of every flavor. And if you're one of the millions of Americans who struggle with weight, you've probably tried them all, likely with little success. That wouldn't surprise Dr. Frank Sacks, a professor at the Harvard School of Public Health and lead author of a new study published in the Feb. 26 issue of the New England Journal of Medicine, whose findings confirm what a growing body of weight-loss evidence has already suggested: one diet is no better than the next when it comes...
...analysis of 811 obese patients from Massachusetts and Louisiana, participants were randomly assigned to one of four heart-healthy diets: low fat or high fat, with either average or high levels of protein. All four regimens also included high amounts of whole grains, fruits and vegetables and substituted saturated fat, found in foods such as butter and meat, with unsaturated fat, found in vegetable oil and nuts. The participants were encouraged to exercise 90 minutes a week. (See the top 10 food trends...
...There is a lot of concern about the rising cost of education, and especially at Yale, our goal this year was to keep the rise in tuition, room, and board as low as possible,” said Caesar T. Storlazzi, Yale’s Director of Financial...