Word: walls
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Dates: during 1990-1999
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...longer. Millennial predictions are proliferating with increasing speed as prognosticators try to get in under the wire. The Internet, that electronic jungle drum, vibrates to the beat of prophecy. Much of it is in the religious, apocalyptic tradition. Just about any recent event, from the fall of the Berlin Wall to the assassination of Israeli Prime Minister Yitzhak Rabin, is taken by some as a sign of the impending Doomsday or the flowering of the Peaceable Kingdom. Countless secular predictions also sway between doom and hope. Socialist Utopias are out of fashion, but belief in free-market cornucopias is rivaled...
Sources: AP; National Pest Control Association; Wall Street Journal; Bureau of Labor Statistics; New York Times
Investors may be warming to this notion. The Dow, having plunged last Monday, was levitating by Friday. In another sign that the market's pendulum of emotions remains firmly balanced, Wall Street's view on the too-hot, too-cold question is as divergent as ever. Merrill Lynch rushed out a report saying profits are in trouble and interest rates must surely decline. Goldman Sachs discerns continued bliss as far as the eye can see. Morgan Stanley Dean Witter is convinced that inflation and higher rates are just around the bend. That's all I need to hear. There...
Daniel Kadlec is TIME's Wall Street columnist. Reach him at kadlec@time.com
...then, retreating to his pickup truck, he pets his dog, leaves it in the cab and sets the vehicle on fire. Partly aflame, Jones runs into the highway he has commandeered. Pulling off his burning pants, he picks up a shotgun, places its butt against a wall, bends his head to the barrel and pulls the trigger. Live from L.A. The dog dies...