In rising financial markets the world is forever new. The bull or optimist has no eyes for past or present but only for the future where streams of revenue play in his imagination.

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When I celebrated my bar mitzvah there was no cake. Today there is no such thing as a bar mitzvah in the United States without a special cake. It can be even more complicated and expensive than a wedding cake because bar-mitzvah cakes are often based on a particular theme.