Word: returns
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...want to take on the risk in equities but also doesn't want to be in low-yielding government bonds, there is an alternative. Investment-grade corporate fixed-income securities, I think, are going to be a very good place to be, and arguably will be tops in total return for the next several years...
...there a possibility of a return to March lows? It's unclear to me as to whether or not we have to break below the March lows [6440 on the Dow], but I'd be very wary about chasing the stock market right now. We don't have many similar historical examples to look at, but in light of credit contractions and asset deflation, it should be understood that this is not a normal manufacturing-inventory recession. Nor was the 1930s. At that time, we bounced off July 1932 stock market lows, and three months later the market...
...program would offer classes on study skills and ways of navigating Harvard—from receiving financial aid to communicating with professors to balancing work and school. The program would also offer socialization conversations and peer support provided by students from underprivileged backgrounds. Each following year, these students would return for shorter programs that explore traversing several worlds, finding work after college, and ways to give back to their communities...
...class of ’09 prepares to say farewell to the Harvard campus, seniors of another sort are greeting it once again. On June 1-4, Harvard and Radcliffe alums return to Harvard for their 50th reunion...
...terms of actual voting, the Democrats are still short of their 60-vote majority, given that Ted Kennedy and Robert Byrd are on indefinite medical leave and are only likely to return for the most important votes. Not to mention the fact that governing the Senate, as former majority leader Trent Lott once put it, is like herding cats. The Dems have such a wide umbrella that finding issues that unite both ends of the 60-vote spectrum can be tough...