Word: short-term
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...rivers and aquifers and booming cities. "Every year, there are 20 million new urban Chinese," says Frérot. "The authorities have decided to commit as quickly as possible to improving their water and wastewater infrastructures." Veolia has 19 joint ventures in China, and Frérot says the company's short-term prospects there "look better than they do in the U.S." Suez has 21 ventures there after signing a deal to distribute water in Chongqing, China's fourth-largest city, with 32 million inhabitants...
...into Allston. John Cusack, a member of the Harvard-Allston Task Force, chaired last night’s meeting. He told residents that his goal was to get “as much input as possible from the people who will have to live with the long-term and short-term changes of the development.†“For the past 90 years, this area has been subjected to high-volume traffic, and we want to transform it into an area [that] also focuses on the pedestrian,†said Harris S. Band, the director...
...little exhibition space. In an effort to reach out to students, HUAM, Lentz says, gives access “in different ways, and not just in the galleries.â€The future expansion into Allston offers a long-term answer to the problem, but HUAM has found a short-term solution in the study rooms located in all three of the main art museums. In those rooms, visitors can request to see any piece of art in the collection, either during open hours or by appointment.“What is really special about the Harvard art museums...
...where do we go from here? Is the recent turmoil just a short-term correction in a rising trend, as the Goldilocks crowd maintains, or are we faced with the beginning of a bear market? I believe it's the latter. For a start, monetary conditions and international liquidity have tightened as a result of slower credit growth and a housing slump in the U.S.-and no matter how much money the Fed injects into the system, housing is unlikely to recover swiftly because ultimately prices depend not only on money creation but also on demand and supply. Equally ominous...
...investors do? Instead of buying the dips and moving into riskier assets, they should sell into the rebound that will now unfold. In particular, they should reduce risk by unloading stocks in more extravagantly valued markets like China and India. And they should shift money into the safety of short-term U.S. treasury securities or into less economically sensitive stocks in areas like pharmaceuticals and food; these will benefit from economic weakness either on an absolute or relative basis, as short-term interest rates decline. The only risk to this strategy is that markets might recover swiftly and reach temporary...