Word: lowerers
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...Nature study focused on one particular metabolite, sarcosine, that was often found at elevated levels in samples taken from patients with advanced prostate cancer but was present in lower levels in samples of healthy tissue. According to the study, scanning for sarcosine proved a more accurate mode of cancer detection than scanning for the PSA protein...
...fear that China will stop buying U.S. debt is unfounded. Beijing can't buy anything else with its excess dollars. There are simply no alternative investments that are large enough or liquid enough. But more importantly, there are fundamental reasons why Treasury prices will move much higher (and yields lower) - and why the current opportunity to go long U.S. Treasuries should be grasped with both hands...
...Yields are also bound to go lower because demand for U.S. government debt will easily match supply, even though Washington must sell hundreds of billions of dollars in bonds in coming months to fund stimulus measures and bank rescues. Consider the uncanny parallel between the composition of assets on bank balance sheets in 1929 and balance sheets at the start of this crisis. The ratio of loans to investments, which include Treasuries and other securities, was 2.6:1 in 1929 and 2.8:1 in 2008. During the early period of the Great Depression, banks restructured their balance sheets to reflect...
...military officers, the academy will admit America’s best and brightest students and eventually produce an entire generation of effective and efficient leaders in local, state, and national government. Via a competitive admissions process akin to the military academies—where admissions rates can be lower than Harvard’s—students would earn a four-year scholarship to study liberal arts as well as a specific public service field. At its full capacity, the academy would serve approximately 5000 students a year; upon graduation, these students will fulfill a five-year service requirement...
...Michelle will neither relegate herself to a nonchalant homemaker nor presume to play the policymaker. Whatever balance she strikes between the two extremes, her lower-profile, more direct initiative is a welcome departure from the Armani-clad Harvard students who flock to the IOP’s liaison program, hoping to cultivate whatever connections might give them a rung up on the political ladder a few years down the road. No matter what cause she chooses to devote herself to, I hope that all Americans, especially Harvardians, pay special attention—sometimes the people most deserving of praise...