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Exact(41)
But spending is not likely to see a big gain until income growth accelerates.
And by selling them yesterday, the investor postponed the capital gain until April 2002, rather than paying up by this April.
Pennington, who finished 26 of 43 for 251 yards, did not complete a pass for a gain until late in the first quarter.
Mr. Cripps said that stocks were also pushed lower by people who had delayed taking a capital gain until the new year.
Some of them may be genetically or environmentally destined to be overweight, but the enlarged tonsils prevented weight gain until the tonsils were removed.
But Doug Cliggott, chief equity strategist for J. P. Morgan, said that earnings were unlikely to recover until the middle of next year and that the S.& P. 500 would probably not begin to gain until late 2002.
Similar(19)
But that technology did not generate discernible productivity gains until the 1920s.
By contrast, physics failed to make great gains until the 17th century, when its subject matter finally was successfully mathematized.
Oddly, however, the currencies of many other countries with large deficits had enjoyed big gains until recently.
Although the United States claimed it in 1803 as part of the Louisiana Purchase, possession was not gained until 1813.
The stocks are unlikely to register big gains until their debt problems are sorted out, said Prash Arora, a fund manager with Old Mutual Asset Management.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com