Word: swoon
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...funny thing about bull markets is that by the time you're seeing new highs, often the ride is all but over. Last spring the Dow flirted with a record but collapsed into a dismaying summer swoon. Will the autumn surge be another false positive? Consider the odds: over the past 100 years, half of all sustained market rallies (measured by the Standard & Poor's 500) ended without reaching their reigning all-time high or dried up shortly thereafter, according to the Leuthold Group...
...courses before exploring more discrete pastures: the physical chemistry requirement awaits. While Chem 60, “Foundations of Physical Chemistry,” sounds like it might satisfy the requirement much more easily than Chem 161, “Statistical Thermodynamics,” don’t swoon for the lower course number. Chem 161 is something of a physics-lite course, replete with a handful of physics concentrators. Give it a chance if you can hack a few Taylor expansions, or just appreciate the easy-to-follow full-color lecture handouts. The biological applications will at least...
...CHARGED. Takafumi Horie, 33, founder and former CEO of Livedoor, one of Japan's largest Internet companies; with violating securities law, by a Tokyo district court; in Tokyo. Horie, whose arrest in January sparked a stock swoon that wiped out 80% of his company's market value, pleaded not guilty to allegations that he and other top executives falsified accounts and spread false information to boost share prices. An estimated 2,000 spectators lined up at the courthouse to see the tycoon, whose case has been widely covered in Japan...
...dampen the enthusiasm more than temporarily. According to AMG Data Services, money moved into emerging-market mutual funds and ETFs at the rate of $3 billion to $5 billion a month in the quarter leading up to the correction. Those funds lost money in the May and June swoon, but by the beginning of August, they were again taking in hundreds of millions of dollars a week...
Hearing the voice of Scritti Politti’s Green Gartside for the first time is a little like walking into a room of blonde, smiling sorority sisters—you’re not sure whether to swoon or vomit...