Word: stockings
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...doesn't matter, that it's just a number. But after six years without making a dime, as the Dow's long doldrums suggest has been the average investor's experience, hitting a big number like 11,000-and holding it-may be more important than many believe. The stock market is as much an emotional barometer as it is a gauge of the economy. Indeed, if stocks were purely rational, the Dow would have set a new record by now. GDP growth is on track, inflation is tame, corporate earnings are good, dividends are up and values have become...
...Quibble all you want about things like the deficit and inverted yield curve. In general, the fundamentals look pretty good. Arguably, the only thing missing from this market has been a healthier psychology, wich is understandable, given how long stocks have suffered. But just maybe a round number like Dow 11,000 will finally get investors to think about the upside of stocks again. If so, there are trillions of dollars in money market accounts, trillions more possibly looking to get out of real estate, and another trillion-plus of buying power collecting dust at private equity firms-much...
...truly take control of our productivity, we also have to stop fooling ourselves about our capacities to juggle. We have to resist the "it will only take a second" impulse to read an e-mail, check a stock price or chat with a colleague in the middle of a demanding assignment. At the same time, we have to stop pretending that we are machines that can endlessly process tasks without a break. There's a reason that research shows the No. 1 work interruption is not an electronic signal but rather a human being stopping by. It's the same...
CONVICTION UPHELD. Of MARTHA STEWART, 64, homemaking CEO who had pursued the appeal of her 2004 conviction for lying about why she sold ImClone stock that fell in price soon after her trade; despite having completed her jail sentence for the crime; by a federal judge; in New York City...
...many ways, gold lust is a relic of the bad old India?an India of weak investor rights and shaky financial systems, where people distrusted banks and the stock market and preferred to store their wealth in tangible assets, chiefly gold and property. The recent economic boom has given Indians a range of sophisticated and relatively secure financial instruments: mutual funds, stocks, bonds, even abstract art. Richer Indians are, indeed, diversifying their investments. "At the top end of society, yes, [gold] consumption is beginning to decrease," says K. Shivram, a vice president of the World Gold Council in Madras...