Word: ommmmm
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Dates: during 1990-1999
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...that we're conclusively out of the woods, by any means, or that I was in there with the Smart Money last week paying all-time record-high prices to buy stocks myself -- "Buy low, sell high, ommmmm," I kept chanting whenever I felt the urge -- but things have definitely improved. Confidence is the name of the game; it has taken a decided turn for the better; and it's self- fulfilling. Lower interest rates make real estate and bonds more valuable, which shores up banks and insurance companies; a record-high Dow makes people , feel richer and more optimistic...
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