Word: bottoms
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TIME: The stock market is acting horribly. Is another big sell off in the cards? Wein: I thought the market made a pretty good bottom in November, and clearly we didn't. I don't think it's over yet. We are still in a dangerous area because the good news hasn't started yet and the bad news is still coming through...
...implement them. Several other states, among them Florida, Utah, Colorado, Iowa and Minnesota are considering adopting the California standard. Even Illinois, in the heart of the industrial Midwest, is considering legislation modeled on California, says David Doniger from the Natural Resources Defense Council, an advocate for the California rules. Bottom line: It could be a green stampede...
...showing no signs of stopping," says Kevin Dougherty, a portfolio manager at Pharos Fund, one of the leading hedge fund groups in Russia. "All it really comes down to are commodity prices and demand. The government looks at the market price for oil and predicts that it will bottom out now and go up for the rest of the year...
Unfortunately for them, that nightmare looks like it may soon become frighteningly real. Against the wishes of the agency's popular new leader, the CIA is in the crosshairs of two powerful Democratic Senators who are determined to get to the bottom of the Agency's more controversial operations. And not even the White House has been able to get them to back off. (Read "Intelligence Lapses: The Risks of Relying on 'Chatter...
...Treasury Secretary Timothy Geithner warned this week that the U.S. recession is deepening and Japan's Prime Minister Taro Aso said there is "no bottom in sight" for his sinking country, many investors turned to China for a measure of hope. There have been glimmers of stability recently in the world's third-largest economy, and Asian stock markets briefly climbed midweek amid reports that Beijing would announce additional stimulus measures on top of the $586 billion it has already said it will spend to revive its slowing economy...