Word: shocks
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...hand, Greenspan can't call Sept. 11 an ordinary event. Whether or not we were headed for a recession before - and Greenspan's cutting had come almost to a halt before the planes hit - we're in one now, and a shock tends to suggest shock treatment. Cut to 2.5 percent, look around again at the meeting next month...
Once the initial shock and grief wears off, people may return to shopping as an escape from the barrage of harrowing TV images. "Fashion is emotive, and female consumers in particular shop to make themselves feel good," says David Wolfe, creative director at the Doneger Group, a market-research firm in New York City. Automakers are trying to kick start customers; in the past week, with sales slipping, Ford and GM rolled out interest-free financing for new cars bought before the end of October. At an art gallery in Santa Fe, N.M., a show that opened only three days...
Sadly, it does not shock me that many Americans were not brought to tears. In the past, we have remained calm as thousands died in mass genocide in the Balkans and Africa. Yet, where has been our fundamental love, not for principle, but for humanity itself? Shouldn’t that love stir us in times like these, softening our hearts of their outrage and disgust, so that we may know the depths of our shared sorrow...
...first few months were a period of total shock for Edgar, but he slowly became acclimated to high school life and went on to become Student Council president and voted “Most likely to succeed” by his high school class. “I found the best way to cope was to keep busy, because then I didn’t need to think too much about what had happened”, he confides. He goes on to say, “I started making friends and became involved in school activities…I think...
...noose tightened around Osama bin Laden over the weekend; the U.S. military action, though slowly taking shape, certainly has yet to provide its greatest degree of uncertainty. If investors are trickling back into stocks, the hesitance with which they?re doing it suggests an extreme vulnerability to another shock, another stab of depression. The possibilities, of course, are endless...