Word: slowness
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Dates: during 2000-2009
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...Even with stop-gap measures, though, recovery will be slow and painful. Governments are under pressure from the IMF or other international lenders to implement tough austerity measures deeply unpopular with voters. After the economic pain, expect another summer of political turmoil ahead...
...Great Depression and one was in the middle of the Depression era, in 1937. And the other four were outside of that era. When you look at those, what you find out is, off the low of every one of those you had a violent recovery. Not a slow, arduous crawl higher, but a violent recovery...
...Depression collapse didn't finally bottom until 1932 after falling 90%. However, from its low in 1932, it went up 300% within one year. So, here's my point. The feeling I get all over Wall Street is that even if we recover from this, it will be a slow and arduous process. It'll take a long time. But history would suggest just the opposite. (See pictures of the stock market crash...
Spontaneous combustion? There's a reason for it. If you have a slow and shallow bear market, powerful officials don't get to exercise their power, so they debate whether they should use it at all, and then they just use the minimal amount, which doesn't do much to build the next rally. But if you have an outright panic, where it collapses, policy officials throw everything including the kitchen sink at it, which is just the thing we need to produce a strong rally. (See 25 people to blame for the financial crisis...
...with the Harvard Allston Task Force on Monday night, Allston residents erupted in anger and frustration over the university’s ambiguous plans regarding Allston development progression. In particular, residents expressed concern over Harvard’s continued acquisition of property while it has simultaneously enacted plans to slow the building of the new science complex. Residents are worried that a slowing pace of construction in Allston will mean leaving these purchased properties vacant—preventing other businesses from entering the area. The university has already slowed its purchase of raw materials intended for use in later phases...