Word: downward
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...Consumers will get an immediate payback from better fuel economy since motorists now live in a world where high gasoline prices are the norm and downward spikes in price, such as the one caused by the recession this winter, are likely the exception. "Even General Motors believes fuel prices will go up," says Kliesch...
...Geithner do on Tuesday? To judge by the stock market, which dropped 4% in the wake of his Feb. 10 speech and has largely stayed on its downward trajectory since then, he survived. The Dow rallied from a 13-year low just before he began testifying to a modest gain afterward, then finished the day down again, but by just under 40 points and well off its lows. So much for Florida Republican Ginny Brown-Waite's assertion that every time Geithner speaks in public, "the stock market plummets...
...looking for signs to confirm that terror. "Markets have lost points of reference, and are now acting on a combination of mega-pessimism and hyper-speculation," says Marc Touati, director general of Global Equities in Paris. "Meaning, when they get bad news justifying that outlook, there's mass movement downward disproportionate to the negative information markets are acting...
...that dismal news and more explained why the downward spiral of global stock markets is expected to continue - including Wall Street's return to the sub-7,000-point level it last visited in 1997. Some stock market analysts believe the Dow could actually dip under its 5,000 mark of 1995 if things get worse. Billionaire investment guru Warren Buffett warned his investors over the weekend that "the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond". Still, Buffet went on to note that despite that terrible economic outlook overall, it "does not tell...
...matter of measurements. Accordingly, he utilizes distance, time, and size as our tour guides. First, we travel outwards from Earth, flying by the planets, over the Kuiper belt, through the Oort cloud (what names!), and past the Orion Nebula, the Hydra-Centaurus supercluster and beyond. Then we venture downward in magnitude - atoms and quarks and gluons and strings and Higgs bosons. There are also journeys forward from the big bang and the creation of Earth. In between, he stuffs his pages with musings on scientific history, philosophy, and personalities...