Word: peak
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...exchange's reorganized governing committee. Some Hong Kong traders were concerned about how the market would react to Li's arrest. Investors, however, seemed to applaud the government's crackdown. Last week the Hang Seng index rose 6.5%, to 2452.52, though it still stood nearly 40% below the peak it had reached before the crash...
...addition to the tax code, demographic changes have no doubt contributed to the savings drought. The baby-boom generation -- the 76 million Americans born between 1946 and 1964 -- is in its peak spending years right now. According to the so-called life-cycle theory of savings behavior, people tend to do their heaviest borrowing and spending from their mid-20s to mid-40s. Then, after their children are grown, they start saving for retirement. Many economists predict that when a huge number of baby boomers reach middle age in the 1990s, the level of U.S. saving will improve...
...Soviet Union. Those who apply to leave risk harassment, loss of jobs and the prospect of years of empty waiting. Although Jewish emigration has grown from 914 in 1986 to about 8,000 this year, it is only a fraction of the 51,322 permitted to emigrate in the peak year of 1979. The State Department estimates that 400,000 Jews, out of a population of 1.8 million, would like to leave. To focus worldwide attention on Soviet human rights, a large Washington demonstration is being planned by a coalition of U.S. Jewish organizations for Sunday, the day before Mikhail...
That is what Sexton was saying last August, when he predicted the market would hit its peak late that month. On Oct. 2, he warned: "Any Dow close below 2387 would be a signal to sell all stocks." And he took his own advice, not only selling but also going short...
...unrest that has been plaguing the country since Duvalier fled reached a peak as voting day drew near. Two presidential candidates were killed, and scattered violence took place in both the capital and in the countryside. In the week before the voting was to have taken place at least 28 people were killed in election-related incidents. The canceled election is unlikely to end the unrest and violence, as Haiti struggles to find its way into the post- Duvalier era. Said Conserve Dorleans, 21, an unemployed worker who had been eagerly awaiting the election: "We have our brigades...