Word: sentimentals
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Lewis emphasized the need for MAC improvements in his five-year Report on the College, released in January. And Dean of the Faculty of Arts and Sciences (FAS) Jeremy R. Knowles' Report to the Faculty echoed this sentiment...
...Baumohl: Well, it's something that could still change, but after February's Michigan numbers, which were revised up, I count this as the second straight rise in consumer confidence after several months' slide. It seems to suggest that perhaps the worst may be over in terms of consumer sentiment, which is critical to the length and breadth of this slowdown...
...Fridays are usually bad in a down market like this, because nobody wants to go into the weekend with a stable of losers. But consumer sentiment has been a major concern of Greenspan's for a while, and when good news came traders suddenly got worried that the Fed wouldn't feel as much need to cut interest rates if the confidence numbers were turning around...
...three interest rate cuts, and that's certainly what we'll have on Tuesday, no matter what the size. As long as Greenspan doesn't seriously disappoint with a 25-point cut, this may well be the month that we start to see a turnaround, in both consumer sentiment and in the markets...
Some on Wall Street think we're almost there. Sentiment clearly has turned gloomy. But gloomy enough for a bottom? Cisco sits at a two-year low and still trades at 59 times last year's earnings. More encouraging is that more stocks are making highs than lows on the New York Stock Exchange, and money funds had record inflows of $94 billion in January. That's a lot of buying power. Indeed, Christine Callies, chief strategist for Merrill Lynch, believes we're in a "stealth bull market." A slew of smaller companies is doing well while the big stocks...