Word: normal
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...beginning of the meeting—which started at 7:30 p.m.—the council voted to adjourn at 9:30 p.m. in order to stay within the normal meeting length of two hours. With approximately 15 minutes left, a motion to extend the adjournment time to 9:50 p.m. failed by a vote of 25 to 14. It needed a two-thirds majority to pass...
...can’t tell the difference between us and Nittany Lions?” McGrath Lewis sought to reassure me. “The essence of it is that there are bright, engaging people at colleges around the country,” she said. “In normal intercourse in daily life…the differences that may be discernable to an admissions committee may be obscured...
...MUHLENKAMP: We said in July '01 we thought it was going to be a normal cyclical recession, that we weren't headed for depression or inflation. We continue to believe that. Now we are at a transition point. The economy is stronger, and the markets have recovered the kinds of things you normally recover as you come out of recession, like technology and some speculative companies. So we think we are back to normal, but it is a normal we haven't seen since the 1960s. We think inflation stays at 1% to 2% and long-term interest rates stay...
LYON: The stimulus put in place the past 18 months is huge and will spill into 2005. Profits are recovering, and that will lead to more spending and more employment. Inventories are really low. Our view is that getting inventories back up to a normal level would add as much as 1 percentage point to GDP growth. We think it's important to disaggregate between tech stocks and everything else. If you hadn't been through a tech bubble, you'd think you were...
...know some people who regret buying tech stocks. We don't know anybody who regrets putting money in their home. If mortgage rates got to 7%, it would make a dent. But rates now are at 5.5% or so, and long-term studies show that this is a normal mortgage rate. We don't expect housing starts to keep growing. But the publicly traded builders are taking market share from the neighborhood man with a hammer. That has become their edge, and these are companies that sell for nine times earnings...