Word: cautiously
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Dates: during 2000-2009
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That will take time, but for now, most observers air cautious optimism that the government responses have turned the corner on the crisis. According to economist Jacques Mistral, head of economic research for the French Institute on Foreign Relations, the general fear that caused the bearish epidemic pushed markets so low that traders were already looking for a bottom from which to rebound...
What we didn't see was the rumored $800 Apple laptop; Apple kept its price points high, with the high-end MacBook Pro starting at $1,999, and the consumer-friendly MacBook starting at $1,299. That could be a risk in these consumer-cautious times, but the rate of Mac sales has exceeded the growth rate of PC sales for the past four years, despite Apple's higher prices. And by commanding (and getting) that higher price, its revenue has soared. According to Tim Cook, Apple's chief operating officer, "one out of every three dollars spent in retail...
...What China will likely not do is buy direct stakes in troubled banks, says economist Arthur Kroeber of Beijing-based Dragonomics consultants. "They have been burned already and will be very cautious," Kroeber says, referring to previous multibillion-dollar investments in companies like Blackstone and Morgan Stanley that have plunged in value. On Oct. 6, Ping An, one of China's largest insurance companies, announced it was forced to take a $2.3 billion write-off on an investment it made in the ailing Dutch-Belgian financial giant Fortis...
...mood around New York City, as among mom-and-pop investors around the country, went from worry to confusion to, at times, cautious optimism, only to circle back to fear. At a panel discussion on Friday on the seventh floor of the New York Stock Exchange, JPMorgan Chase CEO Jamie Dimon was asked how much more credit crisis is left to play out. "Nobody really knows," he said. "Clearly we're in the panic stage of unreasonable behavior." At the Connecticut offices of UBS, nervous colleagues passed around a joke about why the market was like a divorce but worse...
Over the past decade, historians have stepped up debate over the Vatican's actions before and during the war. Pius' defenders say that speaking out more would have made matters worse for Jews, while critics say he was too cautious, at best. Before becoming Pope, Pius, then known by his birth name, Eugenio Pacelli, served as both the Vatican envoy to Nazi Germany and later as the Vatican's secretary of state. Indeed, even while Benedict and most of the church hierarchy stand firmly behind Pius, Italian Jesuit scholars say they have recently turned up documents showing that Pacelli...