Word: uncleared
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...there a possibility of a return to March lows? It's unclear to me as to whether or not we have to break below the March lows [6440 on the Dow], but I'd be very wary about chasing the stock market right now. We don't have many similar historical examples to look at, but in light of credit contractions and asset deflation, it should be understood that this is not a normal manufacturing-inventory recession. Nor was the 1930s. At that time, we bounced off July 1932 stock market lows, and three months later the market...
...Optimists suggest that international institutions can socialize rising powers, making them responsible—rather than revisionist—stakeholders. Sadly, our world is likely to remain a Hobbesian place. As China’s intentions are unclear, it is wise to hedge one’s bets—even if China is decades from its potential. But being confrontational is counterproductive. If we treat China like a hungry dragon, it will become just that...
...heels of the recently released Report on Harvard House Renewal. Once again, students were temporarily encouraged by the fact that the report addressed many long-standing student concerns such as creating more House social space and eliminating walkthroughs. With a 25 percent budget reduction though, it is unclear whether non-construction-related recommendations that could be addressed now, such as increased tutor presence and restructuring of Senior Common Rooms, will be completed. Budget cuts are unavoidable at this point in time, but hopefully extras like food at House events will be eliminated rather than the House administrative staff that provides...
...during the Summers administration has actually accelerated this year. As observed even by departing professor and dean Lisa L. Martin, who is white, the current Dean of the Faculty of Arts and Sciences does not appear to be committed to hiring or maintaining a diverse faculty. Moreover, it is unclear that Harvard has even thought about ways of making itself more hospitable to faculty with families. A vastly disproportionate number of Harvard professors appears to be unmarried, childless, divorced, or empty-nester. What limitations does this imbalance impose on the elite academy’s analysis of the world...
...Associated Press report that Campbell was taking a final the day of the shooting and suggest that she lived far from the scene of the crime. In fact, Campbell lived only two entryways—about 80 feet—away from where the shooting took place. It is unclear what if any charges Smith, the other Harvard student allegedly involved in the incident, who Karp said is Copney’s longtime girlfriend, faces from the University or law enforcement. Smith could not be reached for comment Tuesday. —Staff writer Eric P. Newcomer can be reached...