Word: weak
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...market that don't have a lot of cyclicality in terms of consumer spending - or capital spending, for that matter. I favor staples stocks (food, beverage companies, etc.) over consumer discretionary stocks (retailers, travel, etc.). Also, look to the traditional areas of the market that perform well in a weak economic environment - not necessarily recessionary, but weak - such as health care or utilities. But you need to be selective...
Here in the Knowledge Economy, it's become a commonplace that growth is powered by ideas and innovation - especially "disruptive" innovation, Big Ideas that change the whole game (for instance, the Internet). Yet most ideas start out "fuzzy, weak and partially baked," says Gerald Sindell, and then they fizzle out altogether. Sindell would like to fix that. A successful book-publishing executive and former award-winning Hollywood film director, he founded a consulting firm called Thought Leaders International that purports to teach clients like Yahoo! and Accenture how to turn sketchy concepts - the proverbial scribble on the back...
...through the collapse and restructuring of its industry, and this time he came to the aid of Chrysler's workforce. Gene Sperling, a veteran of the Clinton Administration, added his weight to Bloom's, speaking movingly of the human devastation that would follow should Chrysler collapse at such a weak moment for the overall economy...
...Washington Entitlements Feel the Squeeze The weak economy and surging health-care costs are taking a toll on Medicare and Social Security. A troubling government report projects that hospital funding for Medicare, which provides health care for 45 million Americans, will run dry by 2017--two years sooner than predicted just a year ago. Social Security's trust fund will go broke in 2037, four years ahead of schedule. Analysts warn that the picture may grow bleaker as mounting unemployment slashes tax revenues that fund the entitlements, which already eat up a third of federal spending...
...theological roots--abstaining from pleasures of the flesh to demonstrate one's commitment to the church--but there was a practical reason too: celibacy meant no offspring vying to inherit church property. That's not to say the rules were always followed, however. Many priests' spirits proved weak and their flesh willing--notably the sybaritic Pope Alexander VI, who installed his teenage son as an Archbishop in 1493. Fernando Lugo, the current President of Paraguay and a former bishop, is accused of fathering three children as a man of the cloth. And while abstinence does not inevitably lead to child...