Word: stockings
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...Index of Leading Economic Indicators is also pointing to better times ahead. What's interesting is that almost half the increase in the leading indicators was from the stock market. So people look at the leading indicators and say, "I gotta buy stocks." And yet the stock market is one of the 10 leading indicators, so it almost becomes a self-perpetuating development. Here's another thing to know about the index of leading indicators: in the past, the upturn in this index precedes the economy's upturn by as much as 12 months. So maybe it's telling...
...there a possibility of a return to March lows? It's unclear to me as to whether or not we have to break below the March lows [6440 on the Dow], but I'd be very wary about chasing the stock market right now. We don't have many similar historical examples to look at, but in light of credit contractions and asset deflation, it should be understood that this is not a normal manufacturing-inventory recession. Nor was the 1930s. At that time, we bounced off July 1932 stock market lows, and three months later the market...
...University’s ownership of stock in companies that conducted business in South Africa and the country’s status as an apartheid state continued to stir debate on campus well into the 1980s and attracted national media attention...
...ACSR recommended that the Corporation use the Sullivan Principles, which provided humane guidelines for the operation of companies in South Africa, as a minimum standard for the endowment’s investment practices. At the same time, in 1983, 37 of the 39 companies in which the University owned stock had signed the Principles, but some divestiture proponents argued that not all of the signatory companies had actually lived up to the document’s stipulations...
Glimmers of hope keep sneaking through the world's cracked economy. The Conference Board's index of leading economic indicators, which includes measures such as stock prices, the money supply and new orders by manufacturers, just posted its first gain in seven months. Consumer confidence increased in May and is now at its highest level in eight months. According to a survey by the National Association for Business Economics, over 90% of economists are predicting that the recession will end by December. (See TIME's recession photo-essay "Stores That Are No More...