Word: quarters
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Dates: during 2000-2009
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...matter of watching what consumers are doing as opposed to what they're saying. If you take a look at the retail sales data over the past couple of months, it has moved back down. It looks like consumer spending, after a bit of an increase in the first quarter - mostly just bargain-hunting in January - is also relapsing in the second quarter. I'm not really seeing evidence in the actual economic data, as opposed to consumer surveys, that consumer purse strings are opening up. (Watch TIME's video of Peter Schiff trash-talking the markets...
...when will the economy improve? There's no question that we are, if not in the third quarter, then the fourth quarter of this recession football game. But what sort of recovery are we going to get? That's an important question, because the history books tell us that a sustainable bull market in the aftermath of a recession traditionally requires 4% real growth in the economy and 20% growth in corporate profits. But I don't think we are headed for such a strong recovery...
...Washington A New Battle Over Gitmo Closing the U.S. detention facility at Guantánamo Bay, Cuba, was never going to be easy. But the latest challenge comes from an unexpected quarter. Democrats in Congress, fearing the political repercussions of moving suspected terrorists to U.S. soil, have pulled $80 million in funds for closing the prison--a political blow to President Obama, who on his second full day in office signed an Executive Order to shutter Gitmo. Congressional Democrats say the Administration, under fire for keeping Bush-era military tribunals for detainees, needs to develop a clearer plan for relocating prisoners...
...even as Bond scoffed at the ironically named Infinitink, which just became available this spring, he could relate to Americans' love-hate relationship with their body art. Cherished as symbols of independence and individuality, tattoos now adorn the flesh of a quarter of all adults under 50. Yet recent studies have also found that about a sixth of everyone who gets one winds up regretting it. Case in point: Bond sports two full sleeves' worth of intricate patterns, but admits there are a few designs on his arms that he'd like to erase altogether. "A lot of the stuff...
Going Cheap in the Big Easy. The Astor Crowne Plaza has crisp white duvets and midweek rates (Sunday through Thursday) of $79, and weekend rates for $89, through Sept. 3. The hotel is located near New Orleans' French Quarter. 739 Canal St., at Bourbon Street, New Orleans...