Word: tepidity
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...know if this is a suckers' rally? You can't. But note this: the NASDAQ's scintillating 19% gain Memorial Day week came on modest volume, and advancing stocks were roughly even with those falling--a tepid showing that suggests this rally could fade like a suntan. Don't be fooled by the sharp gain. Since 1900, there have been 31 bear markets, and in 17 of them there was at least one suckers' rally greater than 10% on the Dow, according to Ned Davis Research. All but one had at least one 5% bounce. The typical bear market...
...news articles about venture capitalists turning off the money - and seen venerable Cisco Systems mired in the low 50s - trouble from the Fed is likely to hit the NASDAQ first and hardest for a while. Those techies had better pray that the next batch of economic numbers are tepid enough to get Greenspan's foot off the brake...
Countries like Egypt and Algeria in the middle of the political spectrum are most vulnerable short term. Both took tepid steps toward democracy in open, multiparty elections in the 1980s, then marched backward in the 1990s. Both began the 21st century facing unprecedented social pressures from soaring populations they can't feed, educate, employ or house. Egypt, home to 67 million people (almost half the entire Arab world), produces an additional 1 million mouths to feed every eight months. In both countries, leaders have stalled on reforms. The result has been a decade of violence. More is to come...
...plan faces opposition. Some Republicans, concerned for states' rights, have objected to the plan's coercive enforcement provisions, under which states whose legislatures do not adopt the plan could lose some 50 to 90 percent of their convention delegates. The Democratic Party, on the other hand, has expressed only tepid interest in the plan and is giving greater consideration to a geographically-based rather than population-based system. We urge both parties to reconsider. As the establishments of each party have an interest in preserving the status quo, only bipartisan support can push the Delaware Plan into effect...
...black clan in San Francisco, Li must juggle ethnic rivalries and ethical responsibilities--in other words, kick everybody's ass, without regard to race or kinship. Han's only ally is the black kingmaker's daughter Trish O'Day (R.-and-B. thrush Aaliyah), in a romance so tepid it is consummated with a hug. But our hero is at his combative best on his own. You have to see this Han solo...