Word: wave
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Dates: during 1980-1989
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...target of this socially ascending wave of resolution is not only Germanicus (whose exhausted head on the pillow vividly predicts the style of Gericault nearly 200 years later) but also his little son, whose blue cloak matches the general's; the women suffer, but the boy learns, remembers and will act. The more Germanicus unfolds, the more one realizes why Bernini, on his visit to Louis XIV in Paris, declared Poussin to be the only French artist who really mattered: un grande favoleggiatore, "a great storyteller...
...with shovels, some 5,000 volunteers dug a trench more than a mile long in one night. A Soviet television reporter asked a ruddy-faced young Estonian why he had come. "I want to help so that perestroika doesn't begin just up there," the volunteer explained with a wave of the arm, "but with me here, with this shovel...
...Serbs in Kosovo by Albanians stirred many of Yugoslavia's 8 million Serbs to demand a crackdown on Kosovo and tough leadership to implement it. The man and the hour met in 1986 when Slobodan Milosevic rose to power in the Serbian Communist Party and soon stirred up a wave of nationalist anger over Kosovo...
Georgia's Robert Prechter, 39, had become the hottest stock guru in 1986 and '87 because of the bullish predictions in his newsletter The Elliott Wave Theorist ($233 a year). He based his forecasts on a mix of esoteric formulas and offbeat indicators like hemlines: the return of the miniskirt, he said, was a sign of a peak in the market. Prechter issued a warning on Oct. 5, advising his subscribers to sell their stocks. But he did not predict the downturn's severity, which disappointed some followers. "New business has virtually disappeared," Prechter concedes, but he is philosophical: "Going...
...part of which was used in connection with takeovers and restructurings. In certain instances, the use of a reasonable amount of high-yield debt can easily be justified. However, it is questionable whether businesses can service all of this debt while investing for growth. A recession could bring a wave of defaults...