Word: surginger
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My turn for taking only what I could carry--a few clothes, an Oriental scroll my wife had given me for my birthday--came on the third day of the war. North Korean planes, Soviet-built Yaks, had strafed the afternoon before, and our house was deserted, the servants gone...
The markets want to believe in the soft landing, they really do. But these are insecure times for Fed-watching investors - especially when the numbers keep sending mixed signals. Yesterday, it was soft retail sales (slowdown) and surging factory orders (rebound!). Friday the indecision got an early start with the...
An expert in university fundraising said such success was not simply a result of the surging stock market. He noted total giving does not surge or plummet based on the ups and downs of the market.
Even in his brief tenure, Lessig has proven that professors who stay on top of surging changes in technology will prosper. As policymakers stumble through the Internet maze, they will increasingly turn to academics like Lessig to be their guides.
For the past month, the old-economy Dow has been on top, surging 9% while the new-economy NASDAQ has fallen 9%. But things were going the other way in January and February. Where this all leads is anyone's guess. Volatility says nothing about where prices are headed--only...