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Strange new problems are being reported in the growing generations of children whose mothers were always there, driving them around, helping them with their homework - an inability to endure pain or discipline or pursue any self-sustained goal of any sort, a devastating boredom with life.Betty Friedan
The longer the oil prices stay at this level, the more of a weight it puts on the market. That said, unemployment claims reflect the current strength of the economy. But the perception is that the current strength cannot be sustained with oil prices at these levels. As a result, the market is having a hard time making much progress to the upside.Joe Liro
[Yale architectural historian Vince Scully arose with other leaders to forcefully denounce the plan.] The removal of the [courthouse], ... would serve two cataclysmic purposes, since it would both cut the side of the [New Haven] Green and, in the manner made famous by Orwell in his 1984, cut a central piece out of our civic memory, through which our dignities as men are developed and sustained.Vince Scully
This quarter's disappointing net loss occurred during one of the most severe global market dislocations in the post-World War II period, ... Equity markets declined, risk premiums in debt markets widened, and investment banking activity slowed markedly. Bankers Trust sustained significant losses in emerging market debt, high-yield debt and in our equity holdings.Frank Newman