Since then, apart from a slight upturn in the late 1990s, the fund has steadily declined.
In the meantime, he's optimistic about an upturn in the second half of 2002.
But they remain unsure about when that upturn will come and how strong it will be.
"We're working with them to prepare for the upturn when it comes, " she added.
Torre's singing, legend has it, could drive people to rip their shirts open and upturn tables.
In Europe, too, surveys of consumer and business confidence confirm that an upturn is under way.
This makes it straightforward to predict when the cycle will swing from downturn to upturn.
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The most recent data, which show a tiny upturn, are the first increase in 10 quarters.
Winter is on the way, and with it a seasonal upturn in demand for oil.
Whenever the upturn comes, it seems certain that future growth will be less spectacular.
But I genuinely feel we will see an upturn and that England will top the group.
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France's economy was at last picking up, thanks largely to an upturn in the world economy.
The economy is benefiting from an upturn in areas that had not previously performed well, particularly homebuilding.
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Companies that stand to benefit most from an upturn in the economy led the stock market up.
The recovery and upturn of the Chinese economy has become more solid with the enhanced economic stability.
Without a sustained upturn in the gold price, the future for South Africa's gold miners looks bleak.
He added that global trade growth since the start of the upturn had risen by a quarter.
They did, so German companies retained the skills and the manpower to respond quickly to the upturn.
Overall business investment tells a similar story (albeit with a slightly greater upturn in the last 18 months).
Still, the upturn in housing is a milestone, a particularly welcome one amid a distressing dearth of jobs.
Even after the latest upturn, however, historical valuation metrics indicate that Biogen Idec shares may be attractive.
McDonald's said its upturn was driven by its emphasis on making its meals relevant and affordable to consumers.
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But it does not follow from this that military victory will be followed quickly by an economic upturn.
Over the last 10 to 15 years, there's really been a big upturn in African-American travel to Brazil.
They argued that a home-building programme in the area could lead to an upturn in the school's numbers.
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And the upturn in the Case Shiller Home-Price Index is being pushed along by a fresh construction boom.
It now judges the risk of further economic weakness to be greater than that of an upturn in inflation.
Despite the huge upturn in global markets, several of these 10 have adopted a fairly cautious approach to investing.
One universal favorite among market watchers is Hong Kong, where the bourse is being driven by a real-estate upturn.
They are holding far larger cash positions than they normally would after such a dramatic upturn in the markets.
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