Word: marketeers
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Dates: during 1990-1999
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...raised a few eyebrows. Early this month, the U.S. Immigration and Naturalization Service sent Congress a report recommending that there be stricter regulation and that foreign women be properly warned about the potential for exploitation. Leni Marin, of the Family Violence Prevention Fund in San Francisco, says some matchmakers market foreign women as obedient and submissive. "If you're obedient, then you're a willing sex slave," she says, or so the pitch suggests...
...stock market will not rocket higher or careen into a ditch just because the Dow notches a fifth digit. But Dow 10,000 is a critical plateau in that it will be the product of an extraordinary run. If the Dow had risen at its historical rate of 11% a year instead of its 24% average annual rise since 1994, it would now be nearing 6000, and we'd be years--not days--from popping the cork. No one can say when this period of outsized gains will end. But the same trends will not last forever...
...market soared? Low inflation, cost-conscious management and endless global opportunities for U.S. companies have played a huge role. Those things will persist. But our limitless affection for technology, blind faith in index funds and grossly underappreciated sense of stock-market risk are part of the equation too. And those things will pass. It was only 10 years ago that we stretched reason to justify Japanese stocks' trading at 70 or 100 times earnings--just ahead of that country's enduring recession. Today's most popular stocks trade in that range, and tortured explanations again pass for wisdom...
...chairman of the Federal Reserve's Board of Governors and its Open Market Committee--the nation's principal monetary policymaking body--Greenspan has been widely credited with preserving the strength of the U.S. economy for more than a decade...
...hope he doesn't say something too crazy [atCommencement] or the world will go insane--makingthe stock market crash or something," Thurstonsaid...