Word: marchings
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...depends on what type of recovery we have. Since the market bottomed on March 9, investors have rushed into acquiring shares of financial companies, retailers and technology firms. That makes sense if you believe we will have a recovery like the ones we've had in recent history. Companies in those industries did well in the market rallies that followed recessions in the 1990s and the early part of this decade. And stocks handily outperformed bonds...
...descends from its decades-long, debt-fueled, free-spending high, Americans are finding ways to save more money. In March, the average person saved 4.2% of disposable income, compared with just 0.2% a year earlier. Thanks to a deep recession, our buy-it-now-and-buy-it-big culture is moving into a lower gear, at least temporarily...
Instead, H-Bomb’s leaders turned to fundraising in a last-ditch effort in March to save the print publication, appealing to undergraduates over House e-mail lists to support the magazine’s mission, which had been “severely compromised” by the downturn...
...After losing 52.5% in 2008, the Sensex has recently been rebounding and is now up 76% since March 9 after today's gain. Institutional investors, who pulled $13 billion out of India last year, are piling back in and drove almost all of the trading on Monday, analysts say. The jury is still out on whether retail investors, who have been sitting on cash for the past 18 months, will now make a beeline for the markets. "I'd prefer them to sit by the sidelines for a while as the rally has been so fast and furious," says Shankar...
Alexeyev, 31, had decided to stage a gay-pride march to take advantage of the spotlight Moscow was enjoying for playing host to the Eurovision finals over the weekend. "We want equal rights. We don't want to be discriminated against," the director of Gayrussia.ru said a couple of days before the parade. "Many Eurovision fans are gay, and they will be watching what happens to us." Wary of the government of Moscow's openly homophobic mayor Yuri Luzhkov (a similar March two years ago had somehow ended in violence as neo-Nazis and religious groups attacked demonstrators), Alexeyev used...