Word: notionally
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Dates: during 1990-1999
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...thing, it says the notion that small investors, inexperienced in down markets, would bolt at the first sign of trouble is all wrong. It was the pros who fled on Monday: if these guys had been on the Titanic, they would have been fighting the children for lifeboats. The pros were saved by the little guys on Tuesday. Most folks did nothing; others couldn't wait to "buy the dips," just as they had been counseled to do so often. "I have been through this a few times," says Kooshy Afshar, the owner of a small printing company in Beverly...
...have been cruising along under the fuzzy notion that the '90s are different, that an economy with seemingly rock-solid fundamentals could withstand the buffeting of currency crises in countries half a world away. Federal Reserve Chairman Alan Greenspan, who likes this kind of excitement about as much as he does a rash, carefully reinforced his long-held belief that the Nirvana-like state of low unemployment and steady growth that correlates with his tenure can be sustained by riding herd on inflation. Said he: "Our economy has enjoyed a lengthy period of good economic growth, linked, not coincidentally...
...traders had been edgy for days. It didn't help matters that on Friday, the U.S. market fell even though Hong Kong's battered Hang Seng index had rebounded sharply. That rebound was widely dismissed as a "dead-cat bounce," a graphic trader's term that refers to the notion that even a dead cat will bounce a little if it falls far enough. Arthur Cashin, vice president of PaineWebber and director of the firm's floor operations, concluded that "there was more work to be done on the downside...
...Greenspan remains skeptical of the prospects for a "new American economy" until more data are available. "Regrettably," he says, in a typically meandering turn of phrase, "the argument for the so-called new paradigm has slowly shifted from the not unreasonable notion that productivity is in the process of accelerating, to a less than credible view...that we need no longer be concerned about the risk that inflation can rise again...
...eliminating. We believe in the notion of containing and marginalizing extremist speak from political discourse," he says...