Word: lowing
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Dates: during 2000-2009
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...going to be a rocky time for stocks, how about bonds? Government bonds have a certain allure because they're super-safe. Then again, the yield is very low. For anybody that doesn't want to take on the risk in equities but also doesn't want to be in low-yielding government bonds, there is an alternative. Investment-grade corporate fixed-income securities, I think, are going to be a very good place to be, and arguably will be tops in total return for the next several years...
...index of leading indicators: in the past, the upturn in this index precedes the economy's upturn by as much as 12 months. So maybe it's telling us the recession ends 12 months from now. It could be earlier. But equity markets, historically, tend to hit their low not 12 months before the recession ends but four or five months. (See 10 things to buy during the recession...
...these extraordinary environments—some earlier, thanks to scholarships, to prep schools, or elite summer programs and participation in organizations such as Upward Bound and MESA, and some later, through admission to top colleges, including Harvard. We applaud Harvard for offering unprecedented financial support to low-income students, helping many first-generation college students, including those from at-risk communities. However, as evidenced by significant research and a recent article in the Boston Globe, the inclination to believe that providing access and financial assistance is enough is both wrong and dangerous. One of us broached this issue with President...
Several networks, betting that viewers want to give the Great Recession a big, cathartic bear hug, have announced new shows about the little guy struggling and the big guy brought low. On ABC's Hank, a CEO gets downsized; on Fox's Brothers, an NFL star goes broke; and on the same network's Sons of Tucson, a banker goes to jail for corporate crimes. (In Hollywood, they call that wish fulfillment.) The reality-show premises are even starker: "desperate" entrepreneurs plead for financing on ABC's Shark Tank; on Fox's Somebody's Gotta Go, employees of an actual...
...Bird. JetAmerica, a new low-cost airline, is scheduled to start service in July to four U.S. cities - Toledo, Ohio; South Bend, Ind.; Lansing, Mich.; and Melbourne, Fla. The new venture is starting small, flying just one Boeing 737-800, with plans to add new aircraft by July 2010. For now, the big draw is JetAmerica's fares: depending on the flight, the first nine to 19 seats will sell for just $9 each, with the rest of the seats sliding up in price to $199, depending on how quickly you book. No matter how low your base fare, there...