Word: consumerized
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Late last week Cooperman laid out his views to a packed room of securities analysts and hedge-fund managers in Manhattan. He noted the power of big federal spending and expressed concern that Washington's largesse, if unchecked, would fundamentally alter America's competitiveness. But he also made clear his...
As this chart shows, the severe drop-off in demand has been punishing. But with technology advancing - and computers aging - the seeds for a replacement cycle are in place. Morgan Stanley's analysts expect the up cycle to start in the consumer segment of the market in the final quarter...
• On the danger of using home equity to pay off nonhome debt: "A recent Federal Reserve report estimates that of the trillions of dollars in real home equity cashed out between 2001 and 2007, homeowners used $874 billion to pay off non-mortgage debt - in effect rolling consumer debt...
It's true that information alone can be helpful. Anesthesiologists sharply reduced mortality rates after their association published evidence-based guidelines; emergency-room nurses have reduced infection rates by following clinically proven to-do lists. After one pharmacy benefits manager sent letters urging customers with high cholesterol to check out...
It's been a while since I used state-of-the-art technology to harass a neighbor. Readers of this column might recall how last fall, when I was locked in a race to build a better man cave than my friend's across the street, I abused my position...