Word: pinched
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...read this week's lead article in The New York Times Magazine with some skepticism and a pinch of admiration. Jack Miles, who recently became well-known for his award-winning book God: A Biography, sets out to prove that doubt is a good thing for religion and that religion in turn is a good thing for America. By distinguishing between religion and belief, Miles manages to treat the current religious upswing in a sophisticated fashion, as the title of the article "Religion Makes a Comeback. (Belief to Follow.)" makes clear. Unfortunately, for all his sophistication, Miles gets the human...
...Will somebody pinch me?" writes Evening Standard columnist Allison Pearson. "Is this the same man who, at his sister's funeral just three months ago, lectured the Windsors on the loving conduct of family life? The same earl who implied that the souls of Princes William and Harry would be safer in the embrace of the Spencers...
Look also for the Crimson to utilize its excellent skating ability and for the defensemen to take chances and pinch to help the offense...
...similar forecasts of doom when the number of ozone-depleting materials produced by each country was cut. Yet we haven't seen any reports that the U.S. economy has greatly suffered as a result of the reforms. Similarly, we should be able to accomplish these reductions without feeling the pinch. And if we do feel a little pinch, then an aggressive media campaign could make the public think it was worth the effort. After all, recycling, unheard of a few decades ago, has become a routine part of life in many places...
Sure, buy-and-hold is all but foolproof for those with diverse portfolios, an endless time horizon and supreme confidence that they'll never need to raise money in a pinch. But how about the other 99% of humanity? For them, the market holds risk, and some sense of that risk is precisely what's missing today and, oddly, what may make the market riskier than ever...