Word: mutuals
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Dates: during 1990-1999
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...protesters, as well. But we should also struggle against our provincialism and attempt to recognize China as a rising nation with the right to chart its own future guided by its own principles. Only by doing so will we come closer to understanding China and establishing a base of mutual respect for the most important bilateral relationship of the 21st century.--Greg Pilarowski, Harvard Law School...
...just need to keep the faith with your fellow believers: the stock-obsessed masses in mutual funds and investment clubs, trading online and standing in line a dozen deep at the corner Fidelity or Schwab office. Only 10 years since the most devastating one-day plunge in history, Americans are married to the market in confounding degrees. They have the trust of a newlywed that stocks will be a lifetime mate. The average person has more invested in the market than in the house that shelters him. Stocks account for more than 40% of the average household's financial assets...
...that lose-your-lunch Monday 10 years ago this week when the Dow Jones industrial average plunged 23% and sent shrieks issuing from the canyons of Wall Street? A similar crash today would take the Dow from 8000 to 6160 in a single day. It would hack your mutual-fund balance from...
...spell like the one after the '68 bust, which included a 46% decline in the market in 1973-74, will be our model. Others say the model will be the even more disturbing decline of stocks in Japan since 1989. There, the market has fallen 63%, and assets in mutual funds have plunged...
...were the intermediary in a sort of seance between him and his friend. Mutual conversation...