Word: summering
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Dates: during 2000-2000
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...Wall Street, they're talking about a summer-long rally as though it were some kind of birthright. Right on cue, the wags note, stocks began shooting higher after Memorial Day. We've survived April showers, or as was the case this year, an April deluge; sunny days must lie ahead. I sure hate to warn of more rain. But the annual summer rally that traders often speak of is unspectacular at best, and this year there's this little matter of being in a bear market...
...starters, let's debunk the summer rally. It's true that the market always rises after Memorial Day. But how could it not? Traders define this rally as the difference between the May or June low and the highest point reached in July, August or September. By that measure there is a rally not just every summer, but every season. And get this: seasonally speaking, the summer rally is the least exciting. Yale Hirsch, editor of the Stock Trader's Almanac, studied seasonal Dow moves back to 1964 and found that, on average, the summer rally was good...
Planning a little international travel this summer? Before you renew your passport and figure out how many rolls of film to buy, there are a few health precautions you should take to avoid a side trip to the hospital. Anywhere from 20% to 70% of international travelers develop health problems, according to an article in last week's New England Journal of Medicine. The risks depend on where you go and whether you take a standard weeklong package tour or trek off the beaten path for weeks of backpacking or biking. But a lot also depends on how well prepared...
...appealing new CD, Invincible Summer (Warner Bros.), slides easily into the groove that has proved to be the most comfortable fit between lang and her audience: the smoothly upbeat pop romanticism at which she excels. The theme of Summer, she told Billboard, is "Brazilian surf-pop" and is a by-product of her newfound infatuation with tropical music and the sun-kissed sounds of Southern California, where she recently relocated after living for several years on a farm outside Vancouver. Lang has said she owes much of the inspiration for Summer to several weeks spent listening to old Mamas...
...known as a keyboardist for, and protege of, the influential British electronic producer William Orbit. LeGassick met lang in 1998 through Madonna, whose music Orbit was producing at the time. Wisely avoiding the fancy bells and whistles that many electronic producers seem unable to resist, LeGassick has instead imbued Summer with an organic, retro feel. Although it may lack some of the lushness of lang's earlier work, it creates a dramatic counterpoint to her shimmering voice. He opens the bossa nova-tinged Summerfling, for example, with a spare drum beat and a chugging organ line, giving lang's voice...