Word: stockings
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...corporations whose shares trade on the stock market today are for the most part valuable entities, and the employees of many of them will find ways to make them even more valuable in the future - something that cannot be said of gold or real estate or baseball cards, which is why stocks can be expected to outperform all of those assets over time. It stands to reason that it's better to buy into stocks at today's prices than at those that prevailed a year ago. But it's also possible that they'll be even cheaper next year...
...crisis seem like a rounding error. In Indonesia, the currency lost over 80% of its value, long-serving dictator Suharto was driven from office and hundreds of ethnic Chinese were killed in a racist pogrom. Prices in Hong Kong slumped through five years of grinding deflation. The city's stock market dropped more than 50% while property prices fell out the window - down a staggering 70%. South Korea and Thailand suffered similar fates, with plunging currencies, collapsing companies and rising unemployment...
...Experiment, yes, but don't lose sight of core values - and maintain a commitment to openness and market-friendly policies. To shore up a plunging stock market, Hong Kong's government intervened by buying up blue-chip stocks. A decade later, a government that once prided itself as a bastion of the free market still runs a big portfolio of leftover shares and has occasionally meddled in the economy in ways that have confused businesses and the community at large. And while Malaysia's market interventions helped the country through the crisis, the country never recovered the openness and tolerance...
...core surf market." The brand hadn't moved with the times, persisting with oversized clothes and huge graphics long after a sharper look became de rigueur. Its youth appeal dipped when kids spotted Mambo tees and shorts on the middle-aged, then plunged in 2006 when Gazal shifted Mambo stock from surf shops to department stores. From those '90s peaks of $40 million, in 2007 Mambo turned over $10 million...
...York City, its only remaining rival as the world's financial capital. Hedge funds piled into Mayfair on the heels of private-equity players. Any self-respecting Russian oligarch has a Knightsbridge mansion, sends his kids to élite private schools and has listed his company on the London Stock Exchange...