Word: almost
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...government is not alone in having trouble finding the key to the housing disaster. Almost all of the arguments and forecasts about residential real estate run in circles which may be why it is so hard to tease out what the real issues are. Only three things are certain. The first is that housing prices are still falling. The second is that mortgage rates are at remarkably low levels. And, the third is that delinquencies are rising...
...York Times will almost certainly lose money this year. It can experiment with paid online subscriptions, but it does not have much to offer that smart consumers cannot find, in one form or another, elsewhere on the Internet. Americans are used to free news now. Reversing that will be nearly impossible...
...first quarter has been marked by almost no "earnings warnings." Companies that think they will miss either their own forecasts or those floating around on Wall St. traditionally tell the world that results will be worse than expected so investors can abandon their holdings a week or two earlier than they would if the company waited to put out results on its normal schedule. It is a perverse practice which is probably due to concerns by the SEC that a public corporation should not sit on really bad news any longer than possible. There have been very few warnings this...
...management with any sense is going to use the announcement of its first quarter earnings to say that the balance of the year will be better than expected. The general economic conditions are still so bad that trying to figure out sales in almost any sector beyond the next several months is a game of chance and a reckless...
...Thaksin has been addressing a group of several thousand red shirts camped outside Government House by videophone almost every evening for the past two weeks, calling for a "revolution" in Thailand. He has spurned talks with Abhisit's government aimed at easing political tensions, and asked for half a million supporters to flood the streets on Wednesday to force the newly appointed prime minister to resign and pave the way for Thaksin's return to power through an amnesty. (Read a TIME Q&A with Thaksin Shinawatra...