Word: slumping
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Dates: during 2000-2000
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...trying to engineer into an outright recession sometime next year. Wyss, chief economist for Standard & Poor's, still expects a gentle slowdown that would lower growth from nearly 5% at present to a more sustainable 3.5% in 2001. But he also sees a 1 in 4 chance of a slump. "Bad things," he warns, "can happen to new economies...
...utilities, oil and some financial and left-for-dead health-care stocks have done well. But that's not where the money was. Popular techland has been a disaster. Last week the NASDAQ yo-yo busted its string and fell to a new low for the year, extending a slump in the most speculative stocks and grounding the likes of Intel, Dell, Cisco and Lucent...
Wall Street and Fort Knox are still there, of course, but their mystique is fading fast. Not even James Bond's nemesis Auric Goldfinger would try to rob the fort anymore; bullion is in a two-decade-long slump. Nowadays, real money doesn't glitter or clink. It blinks across the world's computer screens. More wealth is created--or destroyed--in an instant than J.P. Morgan could have comprehended. Net-savvy investors are reaping the rewards and assuming the risks of controlling their financial destiny...
...first half, Cornell had seven offensive drives in the second half. Instead of five three-and-outs, however, the Big Red scored five times. Cornell junior quarterback Ricky Rahne broke out his first half slump and lit up the Crimson secondary for 342 yards and four touchdowns in the second half. Conversely, Harvard's offense was unable to move the ball as easily as it had in the first half. The Crimson had its only two turnovers in the second half and was forced to punt on every other possession before the final drive...
...World Cup at the Rose Bowl, loses a thrilling 2-1 overtime match to its rivals from Norway, the last team to beat the USA in major international competition. Women's softball rebounds from losing three straight matches, after winning 112 consecutive games prior to the slump, and avenges each of the three losses en route to the gold medal. Women's basketball withstands a hostile home crowd and dominates Australia in the gold medal match to repeat as Olympic champs...