Word: analysts
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...have golf shoes proven recession resistant? For one, all that walking around in the grass (and for many, the sand) really wears down your spikes. "Golf is very hard on shoes," says Matt Powell, an analyst at SportsOneSource. "Grass creeps in them, they get wet, and they can even get moldy. It's easier to play in an old golf shirt than play in old, rotten shoes." While you can send weary brown shoes to the repair shop, it's harder to fix up a pair of sneakers. Plus, consumers might be trading down from expensive golf equipment to shoes...
...blindfolded research analyst spins around in circles and inaccurately pins the tail on "The Feds," - one of the eight economic culprits scrawled on an oversized poster board alongside the boss caricature. A former hedge fund manager pins his thumbtack somewhere between "The Economy" and "Consumer Spending" while a few yards away, a laid off videographer for media gossip site Gawker tosses a telephone wrapped in electrical tape just shy of the 100-point mark, as designated by circle drawn with sidewalk chalk. Prizes are awarded, mostly in the form of gift certificates to local restaurants and bars - Goddard had advertised...
...Doha, where President Bashar al-Assad reaffirmed his support for resistance against Israel while expressing reservations about the Arab Peace Initiative, the Syrian president dropped a bombshell by embarking on an epoch-making visit to Tel Aviv Wednesday morning. "Nobody saw this coming," said Mark Burnes, a State Department analyst who monitors Syrian affairs. "We knew that they were close to a deal, but the Israelis didn't tell us how close."... Official sources say that earlier that same morning, [Israeli Prime Minister Benyamin Netanyahu] had himself embarked upon an epoch-making visit to Syria, touching down in Damascus International...
After a year-long stint at a European investment bank and another at Enron, Iris M. Mack signed on to be a quantitative analyst for Harvard Management Company in early 2002, hoping, she says, to find job security and distance from the risky trading and accounting practices that forced her last employer into bankruptcy in the company charged with managing Harvard’s endowment...
...this means fashion lovers are cutting back on spending. "Right now we are seeing signs of de-premiumization - meaning that shoppers are trading down for cheaper items," says Victoria Grankina, a retail analyst at leading Russian investment bank Troika Dialog. "Overall, the luxury market really struggled in December and January, since the consumer was feeling quite under the weather. In March, we have been seeing some signs of stabilization, but we are not sure this is a trend. No one can predict when this will end." (See pictures of Paris couture...