Word: slumps
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Dates: during 1990-1999
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...long slump," Mosley said. "I've been wracking my brain trying to figure out what was wrong. Something clicked this weekend and it was a real boost in the arm. It was disappointing not to be wrestling up to my potential, but I feel that I am over the hump...
...YORK: With the year nearly out, there's still one more thing that can sink the markets: corporate earnings reports. The first victim? Oracle. Citing the Asian market slump and poor telecoms sales, the software maker reported sharply disappointing second quarter earnings Tuesday ? and promptly lost a third of its value in frenzied trading. Play on Oracle accounted for a quarter of the total volume of NASDAQ action ? and the rest was a tech sell-off, erasing all of the index's Monday gains...
...JAPANESE THREAT The world's second largest economy, in a severe slump for most of the '90s, could get pushed into depression by the financial crises in Southeast Asia, which gets nearly 40% of all Japanese exports. More alarming, roughly one-third of all loans in Southeast Asia--many now in default--came from fragile Japanese financial institutions. Says University of Chicago political economist Marvin Zonis: "To raise needed liquidity, they might sell their holdings of Treasury securities." Since Japan owns more U.S. Treasury debt than any other nation (more than $300 billion), a sell-off would cause U.S. interest...
...Money Daily takes a look at one measure in particular: the NASDAQ, battered by turmoil in the semiconductor industry. A tech slump may be here to stay...
Ultimately, though, Harvard must produce on the court. The Crimson's shooting slump appeared to take an upswing in the second half of yesterday's contest, and Harvard will have its first chance to build on that performance this weekend when it hosts the Harvard Invitational Tournament at Lavietes Pavilion...