Word: peaking
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...sales of existing homes have climbed year over year for eight consecutive months, reversing 43 consecutive months of decline. Curran expects housing starts to rise to 620,000 in 2010, from 540,000 in 2009. However, he notes that the 2010 projection is still far short of the 2005 peak of 2.1 million...
...While many analysts believe the market has stabilized, they emphasize that housing has a deep hole to climb out of. Since the housing peak in July 2006, home prices have plunged 30% on average, with certain bubble markets such as Phoenix, Las Vegas and parts of Florida seeing prices plummet more than 60%. Losses from the housing meltdown totaled $7 trillion at the end of 2009, according...
...hire is “very encouraging and very important for our goal of maintaining our department at the peak of the economics profession,” Campbell said...
...That was when public mistrust of Scientologists was at its peak in Germany due to the controversial filming of the Tom Cruise movie Valkyrie. Many Germans were outraged that Cruise - with his strong affiliations with Scientology - had been chosen to play the role of Claus von Stauffenberg, a Nazi resistance fighter whom some Germans regard as a national hero because of his attempted assassination of Adolf Hitler. Defense Ministry officials criticized the decision to allow the filmmakers to shoot scenes at historic German landmarks, such as the Bendlerblock where Stauffenberg was executed in 1944. But the final straw for many...
...still far short of their highs. Las Vegas Sands (LVS) was trading at more than $138 a share in October 2007 and plunged to under $2 a share in March 2009. Although it has since risen 10-fold to $20 a share, it's still far below its peak. Wynn Resorts (WYNN) and Las Vegas Sands have seen the biggest gains, with their stocks rising 296% and 842% respectively in the past 52 weeks. But their gains were driven largely by their exposure to the lucrative Macau market, where gaming has been on fire. Indeed, gaming revenue totaled $15 billion...