Word: nasdaq
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Dates: during 2000-2009
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Then again, he and Cheney are just enlarging on what everybody is already thinking--that even if we can avoid a real recession, meaning two consecutive quarters in which the economy shrinks, a slowdown in the rapid growth of the '90s is plainly in store. The dwindling NASDAQ says it all. If those sputtering dotcoms are the economic engines of the future, then the future's just not what it used...
...Then again, he and Cheney are just enlarging on what everybody is already thinking?that even if we can avoid a real recession, meaning two consecutive quarters in which the economy shrinks, a slowdown in the rapid growth of the ?90s is plainly in store. The dwindling nasdaq says it all. If those sputtering dotcoms are the economic engines of the future, then the future?s just not what it used...
...Macy's and Bloomingdale's fame, said December sales would fall short of its original forecasts, and the forecasts weren't that high to start with. Specialty stores like Gap and Banana Republic are disappointed. And if you want to know what PC sales have been like, check the NASDAQ...
...Compaq became the latest tech titans to blame poor earnings on a slowing home-PC market. Consumer sentiment about the economy, as measured by the University of Michigan, is at a three-year low. Given the drubbing on Wall Street this year, that's not surprising. As the NASDAQ soared in the past few years, the market created a so-called wealth effect, emboldening people to throw money around freely. That was before $2 trillion of their equity was wiped out this year...
When Alan Greenspan merely suggested that he was open to the idea of cutting interest rates a couple of weeks ago, the stock market went wild: the Dow posted its third biggest single-day point gain; the tech-laden NASDAQ truly soared, rising a record 10.5%. Deep into a bear market, was Greenspan trying to stanch the slide...