Word: bullish
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Dates: during 2000-2009
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...debt. We've now mostly worked through the subprime mortgage mess that started this whole debacle, but lots more losses - from prime mortgages, credit cards, commercial real estate, you name it - are still to come. Morgan Stanley economist Richard Berner estimated on Tuesday that even in the most bullish case, banks and other lenders have only recognized about half the $1.7 trillion in loan losses they're likely to suffer over the course of the downturn. In Berner's "bear" case, losses will top $4 trillion...
...Still, bullish investors see little downside in commodities, although returns may not come overnight. Some consider commodities a hedge against another looming threat: inflation. If loose monetary policies implemented by central banks around the world to stimulate growth eventually spark inflation, commodity prices might escalate rapidly. "If the world economy is going to improve, commodities are going to be the best place to be," asserts Rogers. "If the world economy doesn't improve, commodities are going to be the best place to be." Anyone for a truckload of soybeans...
...fought today,” Clayton said. “We thought there was still a chance to get a share of the Ivy Title [if Columbia lost]. But once they won, we still fought hard.”In the doubles, a lackluster Harvard fell to a bullish Yale. The No. 3 combination of junior Michael Hayes and freshman Alistair Felton recorded the Crimson’s sole victory with an 8-4 win.After a sluggish start, Harvard responded in the best way possible—winning five of six singles matches. At No. 1, Clayton clawed back...
TIME: After a big rally, stocks are moving lower this week. Should we be concerned? Bartels: We view this as a consolidation within a more bullish context. That is, we think we can still achieve recovery highs with this rally...
...preceding months. Most important, Chinese banks doled out nearly $240 billion of new loans in January - a one-month record. Some economists have taken these data as evidence that China's economy has already bottomed out. Merrill Lynch economists Ting Lu and T.J. Bond reaffirmed their bullish 8% GDP-growth estimate for 2009 in a February report, arguing that the turnaround could begin in the second quarter. "China looks set to be the first major economy to recover from the current global meltdown," they proclaimed...