Word: peakes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Still, anyone who has experienced a frothy market like San Francisco may find the fair-value argument difficult to accept. That's because in the past few years the hottest markets have been rebounding from declines in the early 1990s. Measuring from trough to peak will always show unsustainable growth. A better snapshot comes from measuring from peak to peak. Take San Francisco again. The median home price has surged to $482,000 as of the first quarter of this year, from $254,000 in 1995. That's an 11.3% average annual return, double the historical national average...
...have gone before. And their attentions are proving a boon, not just to holidaymakers who snap up bargain fares, but to places like Aarhus, Bergerac and Jerez, which are enjoying a boost to the local economy from an influx of tourists. As the summer vacation season reaches its peak at the conventional hotspots, the air over Europe is filling with people going to places that, until recently, they had never even heard...
...Crossing and other once high-flying companies--there are seldom-discussed issues, including poor performance and what is known as leakage. The average 401(k) plan's equity holdings are concentrated in large-cap companies, so their returns track the S&P 500, which has dropped 44% from its peak. Over the long run, experts say, 401(k) returns lag behind professionally managed pension funds by 1 to 2 percentage points a year. And as if meager returns were not bad enough, when people change jobs, two-thirds peel off a slice of their 401(k) savings for current spending...
...have seen these bumps before and are confident the market will come back eventually. But that has a way of taking years, even without a crisis of ethical confidence. Stocks didn't return to their 1929 levels until 1940; they took 30 years, till 1996, to return to the peak reached in 1966. Many stocks still aren't cheap, third quarters are often painful, and the bears, at least, think there's more bad news to come...
...girth. Each of its almost 1,800 Chinese characters is larger than a human hand. Despite its imposing size, this immense bone of contention is not easy to find. So I turn to a local resident for guidance. She directs me to the stela's resting place-an open, peak-roofed pavilion hidden behind a high wall only a few paces from her home. "The taiwangbei," she pronounces, with a flourish. "The stela of the great King." That's how the locals know it. Which King and of what kingdom she is not entirely sure. "An ancient kingdom," she explains...