Word: speculatione
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The cover report on the U.S.'s real estate bonanza and the way record home prices are changing people's lives drew responses from happy homeowners, worried prospective buyers and those dismayed by the rampant speculation. Some said the housing market is a bubble that's bound to break
Your article on the country's love affair with the housing market did a fantastic job of pointing out those who played the speculation game and won [June 13]. Such booms, unfortunately, are often followed by busts. Real estate may be safer than stocks or other investments, but to assume...
The banks' troubles began in the late 1970s, when many Israeli investors started buying bank stocks as a hedge against inflation, which was then surging higher than 100%. The banks encouraged this speculation and helped drive up the stock prices by buying their own shares on the Tel Aviv exchange...
That skepticism played a key part in Armacost's resignation. As he said last week, a management change was necessary because "external perceptions about the bank have been so eroded by rumor and speculation." Indeed, only a month ago, Armacost bought airtime on California radio stations to discount rumors that...
Every reporter at the New York Times, newspaper wags like to say, remembers two birthdays: his own and Abe Rosenthal's. Next May 2 the Times's powerful executive editor reaches the paper's mandatory retirement age of 65, and speculation about who will succeed him at the helm of...