Word: sentimentals
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...heads into its May confab Tuesday, the economy's prospects for dodging a recession are actually looking pretty good. On Friday, encouraging reports for April on retail sales (up), consumer sentiment (up) and wholesale inflation (pretty tame) put a dent in the unanimous expectation that the Fed heads would chop another 50 basis points, or a half-point, off the short-term interest rate that is the Fed's raison d'etre. Theoretically, Fed cuts take 6-18 months to work their magic in the economy (though the stock market "wealth effect" has in recent years been credited with speeding...
...some point, effusive sentiment must be checked by reality and fairness. The playoffs should be a reward for a job well done during the regular season, and even the most kind-hearted cannot make the case that the last place team should be in the playoffs...
...departure for a conservative Republican state. Before the vote, former Presidents Ford, Carter and Bush released a letter attacking it. Drug czar Barry McCaffrey flew to Phoenix and warned that it amounted to "the legalization of all drugs." But the politicians may have been out of touch with popular sentiment. Recalls political consultant Sam Vagenas, who steered the Arizona initiative: "When we asked focus groups if we were winning the war on drugs, people just laughed...
...reading period approaches, we believe that the overwhelming sentiment of Yard residents is that the right of the PSLM to have its case heard has been given much greater deference and respect than the right of the residents of Massachusetts Hall and nearby buildings to study and to sleep in peace and quiet,” Lewis wrote...
...reading period approaches, we believe that the overwhelming sentiment of Yard residents is that the right of the PSLM to have its case heard has been given much greater deference and respect than the right of the residents of Massachusetts Hall and nearby buildings to study and to sleep in peace and quiet,” Lewis wrote...