Word: terming
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Dates: during 1990-1999
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Ironically, the government shutdown is often viewed as the best thing to happen to Bill Clinton politically during his first term. By demonstrating the excessiveness and "extremism" of the new Republican Congressional leaders and by reminding people that government actually does matter, the shutdown scared voters back to Clinton and he cruised to a second term. Now, the events of that same week mar that second term and the President's place in history...
...yielding debt securities that can be turned into stock if the market rises far enough; or preferred stock, which carries secure, higher-than-normal yields and is relatively immune to stock market gyrations. If you really want to run for cover, a money-market account is the place. Long-term bonds can be a safe haven from stocks but carry their own risks. They represent a bet on stable or falling interest rates, a great hedge against recession...
...would Clinton now, after seven months of sustained lying, suddenly choose honesty? His Slick Willie side has always known that the most important quality a politician can have is sincerity. And no politician is better at faking it than he is. In 1980 Clinton was a failed one-term Governor until he apologized for raising car-tag fees and got his wife to drop that fancy "Rodham" business with her name. In 1992 he became the Comeback Kid, miraculously saving a crashing candidacy by quickly apologizing for causing pain in his marriage. So why on Aug. 17 couldn...
...among several industries. Why, then, does the average stock mutual fund hold 134 companies? It's as confounding as the frenetic trading that goes on in many funds--even though the very fund managers triggering the trades preach patience to their investors. Lay the blame on pressure for short-term results, if you like. But these paradoxes seem idiotic to me and probably help explain why most funds fail to keep pace with the market. They don't practice selectivity and patience...
...breast-cancer drug tamoxifen to include women who don't have the disease but are at high risk of developing it. The panel did not endorse the idea, however, that tamoxifen actually "prevents" breast cancer, saying only that it might help reduce the risk over the short term. In the second, more straightforward decision, the panel urged approval of herceptin, a gene-based treatment for some forms of advanced breast cancer...