Word: slump
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Dates: during 1990-1999
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There's more than a home run record on the line this week as Sammy Sosa and Mark McGwire head into 1998's home stretch. Sosa is mired in an 0-17 slump after hitting his 63rd last Wednesday, and his Cubs have fallen a game behind the Mets in the wild-card race. The good news for Sosa is that he faces his favorite pitching staff -- that of the hapless Milwaukee Brewers -- Tuesday and Wednesday. McGwire, still miffed about that homer that was stolen from him on Sunday, has a two-dinger lead as his Cardinals host Houston...
...market remains in a slump. The wealth is still concentrated in the upper, white classes...
...Louis Cardinal broke out of a tie with Chicago Cubs slugger Sammy Sosa when he hit a 385-foot drive to left center off the Pittsburgh Pirates' Jason Christiansen. (The Pirates won the first game of the doubleheader, 8-6.) McGwire had been in a 3-for-18 slump with three singles since hitting his 62nd home run on Sept. 8 to break Roger Maris's 37-year-old record...
...flows in and out of equity mutual funds. In August, a month that included several gut-wrenching weeks, there was a net outflow of $5.4 billion, or well under 1% of the total invested in equity funds. Though this was the first such exodus since the recession and stock slump of 1990, the number is still quite modest when compared with the 4% that fled equity funds after the October 1987 correction. Last week investors pulled a net $6.2 billion out of stock funds Monday and Tuesday, but on Wednesday a net $6.5 billion flowed right back as the market...
...hands in the last three years--I don't have a choice but to take extra hitting," he says. "A lot of people forget that." Still, he is too proud and aware of his abilities not to believe he can accomplish more. Last year, for instance, a mild slump in June and July cost him a chance at breaking Maris' record. "Most people don't know July was when my mother-in-law died," he says, sighing. "I have a three-year-old son, and I had to tell him he was never going to see his grandmother again...