Word: upwards
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...third, 1970 was a unique year in Harvard grading history, because students were given the option of not taking final exams and having courses graded pass-fail. One would expect that a one-year change in grading policy would cause an upward blip in cumulative grade point averages for four years...
First, fix a number. Bush has been touting the magic $1.6 trillion figure ever since the election, making sure that any Democratic alternative—$500 billion, $900 billion, $1.27 trillion—must march inexorably upward to achieve compromise. The fact that the cut will actually cost trillions more, most of which conveniently falls after the 10-year estimating period, will go ignored...
...hope that the uptick in unemployment to 4.3 percent would spur Greenspan to between-the-meetings action. Consumer confidence, after all, is all about having a job and expecting to keep it, and no matter how low 4.3 is on the historical scale, the trend is now officially an upward one. Here's how the market logic goes: short trading week, low volume, no economic reports (save inflation on Thursday, but that's not a real headliner these days) - a perfect time for the Fed to phone in a rate cut without appearing too responsive...
...Next month's number for April - which will come out a week or so before the Fed meeting - will be critical. What the Fed is worried most about is consumer sentiment, and if the unemployment number, low as it may be historically, becomes a consistent upward trend, that has the potential to finally convince consumers that things are getting worse and we're slipping into a recession...
...humongous noise sparks my body upward. Another glance out the window. Not good. We're in the middle of a thunderstorm. The seats ahead of me are shaking. I can feel the thunder in my bones. I know this isn't real, but I can't seem to control my fear. Through the din, I hear Dr. Hsia ask me how I'm feeling on an anxiety scale of 1 to 10: total relaxation to panic. I'm pushing 9. The storm thunders on. I am hating this...