Word: recoverers
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These strategies do not tell the full story behind this year's profit rebound. The Asian turmoil that burned Hewlett-Packard, Rockwell and many other U.S. companies in 1998 has yielded to a weak recovery that is at least less profit-destroying than a continued collapse. Contrary to all predictions...
The only reason interest rates are even as high as they are now, says Charles Clough, chief investment strategist of Merrill Lynch, is "the bond market's proclivity to identify growth with inflation." But that proclivity, in the board's opinion, is simply wrong: there is no inflation threat scary...
Although NATO has managed to overcome most of the setbacks caused by its miscalculations, it may take years to recover from others. Herewith a catalogue of U.S. policy Pollyannaisms, and the rude awakenings they occasioned:
Harvard tried to recover in its home opener against Lehigh, but it suffered one of the most painful losses of the season.
No one counted on a season-ending injury to freshman goalie Gresham Bayne before the opener, forcing sophomore driver Josh Bliesath into net. Although Bliesath improved dramatically as the season progressed, it took an entire year for Harvard to recover from its early-season woes.