Word: lull
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Dates: during 1980-1989
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While a person's house is a nest egg, since it can be borrowed against or sold, the huge appreciation of real estate values in the 1970s tended to lull U.S. homeowners into the belief that they did not need financial savings as well. The roaring bull market of the 1980s has also contributed to that attitude by creating a so-called wealth effect in which stockholders feel rich on paper. The catch is that home values and stock prices can fluctuate, often cruelly, even though their growth seems so dependable during some periods. Says John Godfrey, chief economist...
...David Beckwith, who had nicknames for everyone in the bureau, dubbed him "Stormy." Whenever Cloud's demands for precision and thoroughness were not met, says Administrative Assistant Katharine McNevin, "you could hear him six miles before you saw him." Since his return to TIME, however, there has been a lull in the storm. Though less explosive, he still has no patience for journalistic cant. So every cloud does have its silver lining...
...down and played hard the whole game," Wheaton said. "It was the first time we played the full 90 minutes without a lull. It was a very even game, and B.C. is an excellent team...
Battle plans and alliances, formed during this summer's lull, are about to be tested...
...Tehran on the first leg of a difficult mission: to negotiate a cease-fire in the seven- year war between Iran and Iraq. The two sides had been expected to stop fighting at least until the Secretary-General's visit ends this week. But after only a three-day lull, Iraqi warplanes attacked Iranian cities and industrial sites in what Iraqi President Saddam Hussein called a "day of revenge" for Iranian missile attacks on Kuwaiti targets the week before. Iran, meanwhile, said it could not "take the risk" of observing an unconditional cease-fire, as called...