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...economy will probably remain weak for several years--meaning there isn't much cause to worry that stimulus would overheat an already strong recovery. Meanwhile, the Fed, which normally stimulates the economy via the financial system, is having trouble doing so because the financial system is broken. And the usual concern that government will crowd out private borrowers isn't an issue. "The government has a window in which it can borrow very aggressively," says Mark Zandi, chief economist at Moody's Economy.com "because no one else is borrowing...
...Berry has been his usual self, locking down wide receivers with such efficiency that opponents rarely bother to throw in his direction anymore. Somehow he’s managed three interceptions anyway...
...investors, then, picking out the winners is even harder than usual. Unless, that is, you're making bets on stock groups. Subramanian's research also reveals that while stocks are moving with their industry groups, industry groups are diverging from one another. Data that indicate an increase in inflation, for example, may shock an entire industry, but if that industry is food, stocks go down, and if it's energy, they go up. Merrill Lynch's quantitative strategy group runs paper portfolios based on different stock-picking methodologies, and the industry-selection model has trounced all the others over...
...after the election, I was on the Redline inbound to Braintree. In many ways it was the usual Wednesday afternoon subway crowd: tiny Asian grandmothers clutching shopping bags, girls in leggings lost in their iPod worlds, thirty-somethings in scrubs who got on and off at Charles MGH. But the black passengers seemed changed, somehow. Maybe it was the young black man wearing a shirt of the type that usually has a hip-hop artist plastered across its front, only Tupac’s face was replaced by Barack Obama’s. Or maybe it was the black woman...
...title team,” he said. “When we gave up a goal, we had purpose.”Clark had a big hand in changing the course of the match. With senior Mike Fucito out with a hamstring injury, Clark was forced to reshuffle his usual starting 11. After the Lions opened the scoring against the run of play, Clark changed things around. He brought on freshman Baba Omosegbon for senior Walter Diaz to play in the center of midfield with junior Brian Grimm. Clark then shifted junior Adam Rousmaniere from the center to the right...