Goetzmann, Ingersoll, and Ross  provide a closed-form solution to the high-water mark
contract under certain conditions and show that managers have an incentive to take risks.
But by far the high-water mark
of McGinley's career to date is "The Kids Are Alright," an exhibition of 23 of his photos currently on display at the prestigious Whitney Museum of American Art.
The housing construction market is in good shape, but September was probably the high-water mark
The year, of course, was 1913 -- the high-water mark
of what economic historians sometimes call the First Global Economy -- and over the decades that followed all of its certainties were lost.
It makes eminent sense that what was arguably the high-water mark
of American socialism occurred in the ruggedly self-reliant West.
This sounds obvious, but in a way the real story of race in the contemporary South is what happened after the high-water mark
of the mid- to late-'60s -- after the March on Washington, and after the Lorraine Motel.