Word: neutralizer
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...been there, which is one reason he went to see Redstone in his Broadway offices in early August. "The fact that he had me come over to his office means he didn't think any deal was going to happen," says Karmazin, noting that real negotiations take place on neutral turf. But after getting reacquainted with Redstone and discussing a swap of some stations, Karmazin says he began to realize that a bigger deal might be possible...
Having heard from the Fed exactly what they expected to ?- that creeping inflation pressures necessitated a rate hike of a quarter-point (25 BASYS points) but no nudge in the now-neutral bias -? the markets may now exhale, slump a little, and get back to fundamentals. "The good news is that Greenspan remains ahead of the curve, acting promptly to hold down inflation just like he said he would," says TIME senior economics reporter Bernard Baumohl. "But the markets had their rally Monday ?- and most of the time it?s ?buy on the rumor, sell on the news...
While my aunt's farm provided a lovely backdrop for our family's reunion, many planners suggest that sticky problems over "ownership" of the reunion can be averted if you choose a site on neutral ground--an attractive location equally convenient to most of the clan. As many relatives as possible should be enlisted in putting on the show, whether to cook or deliver a toast...
Which means neutral Netizens ought to get used to living on both sides of the Berlin Wall at once: using MSN Messenger to talk to hotmailers, and IM for their AOL comrades. Until the wall comes down, Gates and Case are unlikely to win any popularity contests. Perhaps it's time they set up their own private buddy list...
...where were we? The Fed put the markets at ease on June 30 by shifting back to a neutral bias on rate hikes, and the past two weeks have been just long enough to get everyone back on pins and needles again. Well, never mind. The Producer Price Index for June, which measures inflation before it hits the consumer, actually dipped an unexpected 0.1 percent, reported the Commerce Department on Wednesday. The stock markets, thus relieved anew about Alan Greenspan?s plans for August, did a little jig at the opening bell ? but then took a dive into negative territory...