Word: upturn
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Dates: during 2000-2009
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...stores and mortgage lenders. But is it time to dump these stocks? Fund manager Ron Muhlenkamp says Lowe's, whose stock has risen 42% in the past 12 months, no longer looks like a bargain. Ditto for sub-prime lenders like Countrywide, which may be hit hard by the upturn in mortgage delinquencies, says portfolio manager David Dreman. However, Dreman says, big lenders such as Fannie Mae, which have less exposure to risky credit, should continue to perform well. Homebuilder stocks such as Centex and Pulte Homes are still relatively cheap, and favorable demographics make them attractive long-term investments...
Such freedom requires that indictments for bigotry should be held up to the strictest burdens of proof. Summers is prescient to point to “an upturn in anti-Semitism globally,” which is a dangerous threat that must be fought vigorously. But we have seen no evidence for the link he proposes between this worldwide trend and the students and faculty who support divestment at Harvard. Summers presented no evidence beyond the misguided assumption that anything opposed to Israel’s policies is anti-Semitic...
University President Lawrence H. Summers warned on Tuesday that Harvard’s campus has not been immune to a global upturn in anti-Semitism...
...interviewed for this story.) Moreover, the company has entered a period when operating inefficiencies can no longer be papered over by soaring revenue growth. Computer sales growth in China will shrink to as little as 5% this year from 27% last year. While faster growth will return with an upturn in China's economy, the market may be settling in for a period of solid, albeit more staid, annual gains...
...questioned analyses predicting an upturn in the near future, but expressed hope that a pan-American free trade agreement, which is currently in the works, would be signed and approved...