Word: rising
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Dates: during 1990-1999
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...perfect fit with our times. As extreme a risk taker as McGuire seems, we may all have more in common with him than we know or care to admit. Heading into the millennium, America has embarked on a national orgy of thrill seeking and risk taking. The rise of adventure and extreme sports like BASE jumping, snowboarding, ice climbing, skateboarding and paragliding is merely the most vivid manifestation of this new national behavior. Investors once content to buy stocks and hold them quit their day jobs to become day traders, making volatile careers of risk taking. Even our social behavior...
...Tricky thing, a high-rise. The wall between efficient elegance and monolithic monster is easy to traverse. Even more hairy is designing a high-rise--in the heart of Manhattan, no less--that is to be the U.S. headquarters for LVMH, the fashion, champagne and other image-heavy-goods conglomerate. Ugly just won't do. But Christian de Portzamparc, the Pritzker-prizewinning French architect, has created a tower with elan. His 23-story building has a kinky, faceted, overlapping-glass facade, like a whimsical piece of origami, which nevertheless abides by all the city's fiddly zoning laws. The mixture...
What it could do is shift the kinds of stocks and other investments that make the most sense. When interest rates are rising, the last thing you want to own is banks and brokerages, whose cost of money goes up and whose lending and other businesses tend to slow. You also want to avoid highly speculative (read Internet) companies with little or no earnings. Even steady growth stocks like food and beverages tend to lag as their earnings cheapen in an inflationary climate. Fixed-income investors should avoid longer-term securities because prices fall as rates rise...
...physicians have prevented millions of premature deaths and untold suffering. But it looks as if we've stopped getting the message. A national health survey released two years ago showed that blood-pressure rates are no longer falling; at the same time, the incidence of stroke has started to rise...
...after such an operation can be a devastating complication for some people. Being female or diabetic, for example, triples the risk of stroke. At highest risk, however, are those patients who have had a stroke prior to heart surgery; for them, the chances that another stroke will occur rise 14-fold...