Market's turnabout baffles mystics and investors alike
The piece reflects on a four month market rebound from a near crash in 1997, noting Dow and S&P behavior, big moves in GE and Cisco, then warns against market timing. It cites forecasts from Fortune, Dines, Prechter, Siegel, and others, urging long term investing and restraint during declines.
MENTIONED IN THIS ARTICLE
Standard & Poor
Cisco Systems Inc
Dow
Cisco
Fortune
Joseph Nocera
U.S
Esquire
Walter Russell Mead
Matthew Stichnoth
The
Wall Street Companion
Russia
Asia
White House
James Dines
Dines
Jerry Favors
Robert Prechter
Jeremy Siegel
Wharton School
University of Pennsylvania
Forbes
David Drennan
Siegel
Dremnan
Amazon.com Inc
Warren Buffett
AP Paote
Bosses hire terminators to handle firings
A pattern emerges as firms hire firing consultants to end employees. Terry Ebert recounts a boss who asked him to fire a friend, while critics call the practice cold. Observers note victims feel reduced to numbers and warn of demeaning, life changing outcomes.
MENTIONED IN THIS ARTICLE
Great American Insurance Co
Terry Ebert
Ebert
Ayers Group
Scharm
Mike Cole
National Human Resource Committee
Farmington Hills
Mich
Cole
Damian Birkel
Sara Lee
Winston- Salem
N.C
Birkel
Bill Powell
Delta Airlines
New York
LaGuardia
Also Mentioned on This Page
AMZN
Yahoo Inc
YHOO
Amazon.com
Prudent Bear Fund
Rip van Winkle
CNBC
Chris Matthews
Ron Insana
Terminators
Journal-World
Bubba
Myheels
Geek