Word: terming
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Dates: during 1990-1999
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...There's a lack of really readable journals on campus. Many publications are so focused, and they're wonderful...but they tend to read like term papers... Ours will be much closer to The Crimson," Shetty said...
Jonathan C. King, director of investments at Dartmouth, says most investors with money in equities have experienced losses. But he says he takes the long-term view. "Over time, if you measure performance of things like equities over 10 or 20 years, they outperform bonds and cash. It makes sense to be invested in things like equities," he adds...
Investors at most of the other Ivy League schools also say they evaluate their financial performance on a long-term basis and do not concern themselves too much with the day to day fluctuations. All the schools interviewed had experienced increases in endowment value from June 1997 to June 1998. None of the schools say they are planning to cut spending or change strategy, a plan market-watchers say is well-advised...
...major point of contention: Controls on the movement of capital. "There's growing agreement on the need for some form of restriction on the movement of short-term 'hot money,' because its volatile movement in and out of developing countries creates massive instability," says Baumohl. That news, and the IMF's impasse, won't generate much enthusiasm on stock markets. But Baumohl reports that "there's talk, once again, that the G-7 countries and most of the European Union plan to announce a coordinated cut in interest rates by the end of the year." And that would...
...along with the bailout might cost him politically with constituents." But Cardoso is pressed for time. His best chance to get those painful budget cuts through Brazil's Congress is to move fast, while he's dealing with an outgoing group that's less likely to worry about short-term political fallout. That's a presidential problem Bill Clinton would love to have right now -- his Congress looks ready to hit the campaign trail without coughing up the $18 billion in U.S. commitments to the IMF that the low-on-funds fund desperately needs. It certainly won't help Cardoso...