Word: longests
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...aggressive tightening of credit and deliberately push interest rates much higher still. That will cause a chain reaction. It will knock stock and bond prices much lower, make consumer buying and business investment more difficult to finance, and maybe put a stop to what is about to become the longest economic expansion in U.S. history...
...right? The wide differences of opinion on matters other than the outlook for interest rates and inflation probably reflect the extent to which the length and strength of the expansion--if it lasts through next February, it will be the longest in U.S. history--have rewritten the rule book for forecasting. For at least two years, economists following conventional models have predicted a slowing of growth and modest rises in unemployment and inflation; the exact opposite has happened. So forecasters must search for new models, and it's anyone's guess who will find the most accurate one. But unless...
DIED. DAVID SUTCH, 58, leader of Britain's Monster Raving Loony Party and the country's longest-serving party leader; of suicide by hanging; in London. Though he was never elected, the former rock-'n'-roll singer irritated scores of somber candidates by running in some 40 political races--often in gold lame. His slogan? "Vote for insanity. You know it makes sense...
BRAIN STRAIN Feel like you can't think straight when you're stressed out? You're probably right. Researchers who injected volunteers with cortisol--a hormone secreted during stress--report that those who received the highest doses for the longest period (four days) had the most trouble recalling a story they had just been told. There is a bright spot: a week after the hormone injections stopped, memory was completely restored...
After a year of meetings, alumnae protests, media scrutiny and competing plans for the future, Cambridge's longest tango came to an end when Harvard and Radcliffe announced their intent to merge...