Word: bullish
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Dates: during 2000-2009
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...look again at the bullish argument. In Britain, the number of unemployed has fallen below 1 million, depending on how you count, for the first time in a quarter-century. Employers in long-depressed areas like the northeast of England can't find enough qualified workers to fill the seats at call centers and other service-sector businesses. Labor markets are even getting tight in Italy, where jobless figures have long been in double digits. "From an intelligent secretary on up, you just can't find people," gripes Alessandro Ponti, head of Zetesis, an Internet services company in northern Italy...
Wrecking crews nationwide aren't so patient. With new business districts proliferating throughout China, millions of citizens are being evicted from their homes. Nowhere are the bulldozers more bullish than in Shanghai. To date, an area roughly the size of Venice has been razed. Never mind that the rubble includes half a dozen historic monuments supposedly protected by municipal or national fiat. "We can list a building as a national treasure," says Song Xinchao, a deputy director at the State Administration of Cultural Heritage. "But we have no power to enforce punishment if someone tears it down...
...refugees. After all, three months of bloodletting in the West Bank and Gaza have left the moderate Arab regimes on which Washington traditionally relies to cajole Arafat into concessions facing mounting pressure from their own people to take a tougher stance. Nobody in the region is particularly bullish about the prospects of a peace deal concluded with a lame-duck U.S. president and an Israeli prime minister who, according to most estimates, is headed for an ignominious defeat when Israel goes to the polls a month from...
...Bush fail so they could pick up seats in 2002. But even as lawmakers speak publicly of bipartisanship and healing, they speak privately of the deep pessimism that has settled over Washington. One hears it not simply from liberals but also from moderates in both parties who had been bullish about Bush's chance for success. "I'm in the realism category now," says Representative Charles Stenholm, a conservative Texas Democrat who had radiated optimism just days before. "It's going to be difficult...
...there's a reason analysts are so bullish, competitors so fearful and regulators so confused, it's that even now very few people understand the future scope or reach of a company as big and diverse as AOL Time Warner. Time Warner is in the traditional media business; AOL is an Internet company. Because the two didn't overlap, antitrust lawyers saw no need for concern. But the more people looked, the more they thought this was not just a marriage of two companies in different arenas. It was potentially game changing...