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Exemplifying the fears bedeviling investors today is the daily (hourly) drumbeat about the dollar and the deficits, especially the "unsustainable" current account deficit. The mantra should be familiar: the U.S. saves too little and consumes too much. We are mortgaging our future, consuming our seed corn. If foreigners stop buying our debt, the dollar will collapse and interest rates soar. The only direction for the dollar is down, and so on. It was reported that former Federal Reserve Chairman Paul Volcker puts the chances of a financial crisis at 75% over the next few years...

Author: /time Magazine | Title: Investing: Good Times Are Coming! | 3/8/2005 | See Source »

Brown—the No. 6 seed in the ECAC—took the first game in its series against the third-seeded St. Lawrence squad in convincing fashion, with a 3-0 blanking—but the Saints rallied to take the next two games and the series...

Author: By Gabriel M. Velez, CRIMSON STAFF WRITER | Title: W. Hockey's Boe Just Misses Two Shutouts, Settles for Two Wins | 3/7/2005 | See Source »

Despite her team’s easy dispatch of an overmatched Clarkson squad in a sweep of the ECAC quarterfinals, Harvard coach Katey Stone worried that her team wavered from the style of play that had earned it the top seed in the conference tournament and led to a nation-leading 17-game unbeaten streak...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: W. Hockey Sweeps Clarkson To Advance to ECAC Semis | 3/7/2005 | See Source »

Sophomore transfer Kyla Grigg faced the defending champion and No. 1 seed Michelle Quibell, of Yale, in the finals yesterday, and Grigg lost in a close match...

Author: By Tony D. Qian, CONTRIBUTING WRITER | Title: W. Squash Can't Overcome Tough Draw | 3/7/2005 | See Source »

...five of the Crimson’s players—including co-captain and seventh seed Lindsay Wilkins, freshmen Jen Blumberg and Supriya Balsekar, Duboc, and second seed Grigg—advanced to the round of 16. Because of the draw and their first-round success, four of the five Harvard players had to play the round of 16 against their own teammates...

Author: By Tony D. Qian, CONTRIBUTING WRITER | Title: W. Squash Can't Overcome Tough Draw | 3/7/2005 | See Source »

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