Word: bullish
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...recovery starts right here," gushed Ian Shepherdson, chief U.S. economist at High Frequency Economics, to CNNfn, and who knows, he might just be right. Stock-watching cynics still want those rich folks to dump equities en masse in a vale of tears - it?s called capitulation - before they turn bullish, and Lord knows they?ve been the smart ones for the better part of a year...
...That something may be a big company?s bullish Q4 outlook; it may be something as small like Cisco?s announcement Tuesday that it was finally whittling down its piles of unsold inventory. You never know how mass delusions get started. More likely it?s going to have to be a general feeling that the economy (and the tech sector) has located the courage to start making new and exciting things again. Particularly the kinds of business-investment purchases that make higher productivity - more stuff at less cost - possible...
...White House is all too aware of the messy public mood on this issue and won?t push hard for trade legislation. Some in the administration share their concerns. But the problem for free-traders is not the White House commitment to the issue. Bush and his team are bullish. The problem is how the White House chooses to spend its political capital; fighting for permanent trade authority requires...
...Despite fears prompted by the slowdown in the world economy, the outlook on trade relations between the U.S. and Europe is bullish. By resolving the "banana war," Bush administration trade representative Robert Zoellick has proven his ability to overcome some of the difficulties that vexed the Clinton administration's dealings with the Europeans. Despite looming conflicts over issues ranging from U.S. companies basing themselves offshore for purposes of exports to President Bush's call for an investigation into cheap steel being dumped on U.S. markets, the outlook is bullish for the Bush team to get the Europeans to agree...
...that uses jet engines to take off and land and scramjets for hypersonic flight in between. Rausch predicts manned flights around 2010-15 and hypersonic passenger planes around 2025. "We will have the capability to go after this in a big way. We're real excited." Paull is similarly bullish: "The applications are likely to initially be more for space or military. But scramjets have the essentials for a passenger plane." Rausch says FedEx have also expressed an interest in using the technology for a priority package service. As for turning the lights out on the in-flight films...