Word: capitulationism
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On all that evidence - with some nice geopolitical uncertainty thrown in for good measure - Wall Street is having trouble getting out bed in the morning. After the University of Michigan took the air out of the GDP number, the Dow and NASDAQ started to sag under IBM and Microsoft and...
The Crimson’s objection to Reeves, who was re-elected on Tuesday, seems to derive from his public criticisms of Harvard. This is sadly consistent with the widespread capitulation to mainstream politics so evident at Harvard this fall. That Reeves has chosen to voice principled objections to his...
Imminent war, imminent stimulus, the long-awaited capitulation-cum-rebound - take your pick and call me in the morning. But something rode in late Wednesday to the rescue of what was about to be a very depressing selloff. Monday?s unflinching sellers had taken something of a breather on Tuesday...
Supporters of the antitrust lawsuit are worried that last week's announcement by Justice may be only the first shoe to drop. The next, they fear, could be a fuller capitulation, with the government settling the suit on terms that will let Microsoft continue to abuse its monopoly position. But...
"The 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...