Word: lull
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...There has been a lull in the seriousness of faculty appointing minority members," Edley says. Harvard, he believes, "is doing OK after several years of unsatisfactory performance...
Like residents of some bombarded city taking advantage of a lull in the shelling, Wall Streeters scrambled from underneath their desks last week and tried to get their morale and finances in shape. Stunned by the Ivan Boesky insider-trading disclosures of Nov. 14 and expecting more to come, investors pulled their money out of takeover-target stocks and instead poured their cash into stabler, less controversial shares. Nevertheless, takeover artists got back some of their nerve and launched a flurry of new merger bids. All the while, angry accusations flew back and forth as the players in the widening...
...feel insecure. Gorbachev's statements and his apparent desire for a second summit and an arms-control agreement may suggest a recognition on his part that such a policy is no longer practical in the nuclear era. Or his reassuring words could merely be part of another campaign to lull the West into complacency...
There was a momentary lull in the conversation...
From the canyons of Wall Street to the assembly lines of sprawling factories, the performance of the U.S. economy was generating a high level of anxiety and uncertainty last week. The New York Stock Exchange settled into a nervous lull in the aftermath of the record plunge of the Dow Jones industrial average the week before. The Commerce Department reconfirmed that growth in the gross national product was almost completely stalled in the second quarter. Economists, executives and workers all pondered the same questions: Is the U.S. slipping into a recession? Are interest rates headed higher? Is inflation poised...