Word: spike
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Dates: during 1990-1999
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...says Charles Clough, chief investment strategist of Merrill Lynch, is "the bond market's proclivity to identify growth with inflation." But that proclivity, in the board's opinion, is simply wrong: there is no inflation threat scary enough to push the Fed into drastic action. Prices did spike abruptly in April, but that, says Clough, was due largely to a speculative rise in industrial commodity prices that "has already lapsed." Though Asian countries are starting to recover from the crisis that knocked demand and commodity prices so far down in 1998, recovery has been too weak, in the view...
...stop worrying already? Everyone?s favorite harbinger of inflation, the red-breasted Consumer Price Index, is harbingering no such thing. After an April spike that put a fear of Greenspan into the markets -- a fear that hasn?t dissipated -- consumer prices in May remained flat (with only a 0.1 percent hike if you exclude falling energy prices). That?s zilch, folks. And so now it can be told: Reports of the resurrection of inflation were greatly exaggerated. "April?s rise was, as predicted, a one-time thing," says TIME senior economics reporter Bernard Baumohl. "With May?s number, the jittery...
Lamont's gift met a pressing need. During the spike in enrollment after the war due to the GI Bill and returning veterans, overcrowding became a serious problem in Widener, especially during exams...
...have a pair of genuine New Yorkers in Mark Jackson and Chris Mullin. They also have Reggie Miller, who runs his mouth like one. He has a habit of draining one unmakable jumper after the next at the Garden while engaging in a trash-talking marathon with Knick fan Spike Lee, who has replaced his Ewing jersey with a Sprewell one. The Knicks, who were moments away from self-destruction heading into the play-offs, are now firing on every dysfunctional cylinder...
...NAME: Spike ("He Got Game") Lee AGE: 42 OCCUPATION: Director, Nike pitchman BEST PUNCH: Asked at a press conference about Charlton Heston's involvement with the N.R.A., Lee joked that Heston should be shot "with a .44-cal. bulldog" pistol...