Word: roach
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...Stephen Roach, chief economist of the Morgan Stanley investment firm, that is a prescription for disaster. He thinks growth even this year may speed up to 3%, leading to rapid inflation in 1997 and possibly to a recession in 1998. And last Friday's financial-market action showed how widely his views are shared on Wall Street. Huge May increases in factory orders and new-home sales had made it obvious that growth is accelerating sharply from the anemic 2.2% pace of early 1996; estimates put the second-quarter rate at 4% or even 4.5%. Then on Friday, the government...
...have always been told that upperclassmen couldn't eat at Annenberg under any circumstances," said Sharif M. Roach...
...which annoyed Kiang and her roommates. "We tried to make gingerbread cookies for a holiday party, but we couldn't find the kitchen. After wandering around the tunnels for a while, we found a tutor who told us we probably didn't want to go there because it was roach-infested. She took us to her room to use her convection oven instead. She had a pigeon living in her room that she found in the belfry. It has some sort of neurological disorder, so its head is kind of cocked up all the time and it just waddles around...
...their networks. The main risk is in the near collapse of a major export center and container port. Kobe handled 2.7 million containers a year; it was the hub for 31% of all shipments to and from the U.S. ``A lot of goods that normally flow smoothly,'' says Stephen Roach, co-director of global economics at Morgan Stanley in New York City, ``are going through a major bottleneck. This could have ripple effects...
...WHRB Orgy will conclude with some of the highlights of recent years, including such gems as a duet with legendary drummer Max Roach and a performance from 1987 in Bologna, Italy, which ranks as one of the most passionate, even romantic recordings of Taylor's career...