Word: bets
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Dates: during 2000-2009
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...really. More than anything, these kids are more aggressive, and it's getting harder to take the aggression away from them. Their style today is, "Bet, bet, bet." You can't bluff against that; you have to sit back and play smart poker and let these guys bury themselves. For me, this means not playing as many pots but playing them aggressively when I do come in. I call it being "tight-aggressive...
That's a reversal from the recent uptick. Traditionally a safe bet amid economic mayhem, the dollar climbed about 25% against the euro in the eight months to March this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those...
...more than the 15,000 ft. in which Air France flight 447's boxes probably now find themselves. The boxes send out a homing signal, activated on impact, that lasts for 30 days. The time is pretty much up for Air France's beacons, but it's a good bet they'll turn up eventually; of the 20 airplanes that have crashed into water over the past 30 years, only one is known to have lost its black box forever. Even the South African Airlines Boeing 747 that went down between Taiwan and Johannesburg in 1987 had its voice...
This is an extremely fashionable topic at the moment. Some cultural observers even think Americans are due for a prolonged shift away from the consumption obsession of the post--World War II era. That strikes me as an iffy bet, but it is clear that the debt-fueled consumer spending binge of the past couple of decades is over. The household debt-to-income percentage more than doubled, from 65% in 1982 to 135% in 2007. That turned out to be way too much for us to handle, and now the leveraging process has gone into reverse. The latest household...
...from popular products and into 'pop' products, full of cool environmental technology and on the right side of history," says Carlo Alberto Carnevale, a professor of strategic management at Bocconi University's business school in Milan and a close watcher of Fiat. "In that sense, it's the same bet as Steve Jobs'. That's why Marchionne uses that metaphor...