Word: peakedness
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But when property prices began to fall last year, people like Lepik, who had grown accustomed to making 50% a year on their real estate investments, suddenly struggled to sell. As the banks that helped finance the boom clamped down on credit, dozens of companies went bust. Land on the...
Though she agreed with Riether that Pennsylvania’s position as a battleground state adds to the excitement because her vote “has a lot of weight to it,” she says she thinks interest may have peaked during the Democratic primary.
The profit from oil--we peaked in America in 1970 with 10 million bbl. a day. We're down to 5 [million bbl.] now. There will always be a place for oil, but we have to get over to the renewables, which are wind and solar, first. Those are assets...
Then there's the "devil's party" room, an apartment on the top floor of a 15th century manor house that emits strange sounds after midnight. According to legend, a mysterious man in a cape rented the apartment a few hundred years back; a neighbor who peaked around the door...
The market peaked on September 3, 1929. Steel production was down, several banks had failed, and fewer homes were being built, but few paid attention - the Dow stood at 381.17, up 27% from the previous year. Over the next few weeks, however, prices began to move downward. And the lower...