Word: reactional
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...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...
...more sensible explanation for the panicked reaction in other markets to the tailspin in Shanghai is that it was simply an excuse to take some money off the table. The Dow Jones industrial average, for example, had recently hit all-time highs, having gone up for five straight years as U.S. corporate profits soared. There hadn't been a single day in nearly four years in which U.S. stocks had fallen even 2%, an unusually long absence of volatility. Likewise, markets from India to Singapore to Russia had been on a historic tear. Against this backdrop, China's sudden return...
Call it a cleansing of the palette or just a knee-jerk reaction to the kaleidoscopic colors of seasons past. For spring the "it" shade is no shade at all?or a total whiteout. Designers like Ralph Lauren whitewashed their runways with head-to-toe looks evoking a sojourn in a tropical climate. Even accessories, like Chanel's white-hot ceramic J12 watch and Hermès' new soft, foldable Kelly bag, are getting the bleach treatment. If the upkeep of a crisp white wardrobe becomes an issue, there's always the home-décor route. B&B Italia's Tufty...
...reaction has been mixed. Corbin and King are known for their clubby interiors and Nanny-knows-best comfort dishes. Yet St Alban, housed in a former BBC radio studio, features jet-set banquettes with turquoise and amethyst upholstery in a vast, brightly lit space reminiscent of an airline lounge. The food is a Mediterranean mélange of influences stretching from Venice to Lisbon, under the command of Southern Italian chef Francesco Mazzei...
...more than 31,000 students, the news blazed across campus.“You can definitely tell that people have been affected by this,†said Matt J. Negrin, the editor-in-chief of BU’s newspaper, The Daily Free Press. “The reaction has been very big from particularly Boston University itself, but I think it’s reasonable to say that almost every student knows about it.â€At Harvard, Dean of Freshmen Thomas R. Dingman ’67 sent an e-mail to first-year students about...