Word: slide
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...article on modern architecture and a discussion of the new state-by-state estimates of immigrant populations released by the Census Bureau. I mention them because I took classes on related subjects in semesters past, and in reading the articles I recalled what a professor had argued or the slide of a particular building--in short, what I had learned, not just to be regurgitated on a test or in an essay, but what I had really absorbed in the class. In that I am in the process of stockpiling for that first, more artificial measure of comprehension, it jarred...
...paying the price. Investors who piled into hot sectors like technology without diversifying have been hit hardest in the recent market slide. And profligate lenders are getting hit in their bottom lines. Four times as many companies saw their credit ratings downgraded last year as saw them upgraded--the worst ratio since the recession year...
...expecting just that, and have already begun the process of pricing in a quarter-point cut. That'll help share prices in January, which could help raise consumer spirits and eventually get businesses borrowing and growing again. But the effects of rate cuts - and any tax cut Bush can slide through - will be strictly psychological for the better part of a year...
...open to the idea of cutting interest rates a couple of weeks ago, the stock market went wild: the Dow posted its third biggest single-day point gain; the tech-laden NASDAQ truly soared, rising a record 10.5%. Deep into a bear market, was Greenspan trying to stanch the slide...
...percent, the most since 1974. After coughing up another 7 percent Wednesday, the NASDAQ's losses have hit 43 percent, which makes 2000 quite simply the tech index's worst year ever. For tech stocks, we're not talking bear, we're talking crash - a steady slide that started in March and is only picking up speed at year's end. All fall, traders talked about the need for "capitulation"; now they're calling it panic, and it's going around Wall Street like an Asian...