Word: nasdaq
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Dates: during 2000-2009
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...Losers PIN CHAKKAPHAK U.K. court approves Thai financier's extradition. That whole Asian financial crisis? His fault BANGARU LAXMAN Still time for med school. Prez of India's ruling party caught on camera accepting bribes MIR Russian space station crashing below the 2000 level?no, wait, that's the NASDAQ Verbatim...
...less than 2% in 2001 - down from a blistering 5% last year - but they expect European Union economies to expand by roughly 2.6%, off only slightly from last year's 3.2%. But try telling that to investors: last week Europe's bourses fell right alongside the Dow and the NASDAQ. London's FTSE 100 index lost 6%, while the Paris cac 40 fell 5% and Frankfurt's dax closed down 7%. And that's to say nothing of all those faltering American-style "new markets...
...case scenario. The conventional wisdom holds that any decline should be less severe in Europe than in the U.S. simply because Europeans haven't relied as much on the stock market. They haven't watched a big portion of their net worth go up in flames along with the NASDAQ, so they still have money to spend and invest. But perception is important here, too. "Equity markets are seen as the bellwether of economic vitality," says Parker of the Royal Bank of Scotland. It's just possible, he warns, that with the U.S. and Japanese economies in real doubt...
...last interest-rate hike had dramatic consequences (Greenspan denies being wrong about fighting phantom inflation while tech stocks crashed to earth all around him), will never let him live it down. And when the Greenspan-adoration bubble bursts, it'll make bigger global economic news than the NASDAQ...
Krispy Kreme's doughnuts have outperformed microchips, routers and 10-gigabit lasers since the Winston-Salem, N.C., chain went public at $21 a share last April--just as the NASDAQ started its swoon. The company has become so hot since the offering that it plans to quit NASDAQ in May for the industrial-age New York Stock Exchange...