Word: sixes
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...April unemployment figures will be out later this week. Six hundred thousand people lost jobs last month, according to most estimates. Two and a half million people have lost work since the beginning of the year. A housing recovery cannot occur in the presence of the massive collapse in unemployment. The devastation of the potential home buying base is too great. Many of the people who lose jobs will also lose their houses and that increases the inventory of unsold homes...
...Lazlo Birinyi, who has long used technical factors to determine whether stocks are a good investment, in 23 of the past 24 bull markets stocks have risen for an average of 194 days before falling more than 10%. That means the current rally, near 60 days, has more than six months to go, on average, before stocks pull back. "Absolutely, this is a bull market," says Birinyi. "The market is telling us that we got too negative...
Reiterating his goal of broad-based “reshaping” of FAS to make up a $220 million deficit over the next two years—but characteristically shying away from discussing specific initiatives—Smith said the six working groups must reevaluate Faculty “excellence” in light of the budgetary crunch...
...economy of Hemingway, if Hemingway was sleepwalking or under hypnosis. The passage above, from Johnson’s latest novel, “Nobody Move,” glimpses these heights. It’s the only one.In 2007, Johnson received the National Book Award for his six hundred-page Vietnam War epic, “Tree of Smoke.” Last year, he serialized “Nobody Move,” a self-proclaimed “noir novel,” in four parts—each corresponding to about 50 widely spaced pages?...
Another reason analysts are optimistic is that the Maoists still have enough popular support. Nayak points out that in parliamentary by-elections for six seats last month, the Maoists won three. Also, they wouldn't want to turn international opinion against them again. "The last few months of Maoists' rule has shown a certain lack of statecraft," says Dixit, "They sought to weaken all institutions of state. Now they're faced with losing face while in government. Prachanda's decision is definitely good for his personal image, though his followers may be nonplussed...