Word: demande
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...company and will argue they do not have to disclose financial information," says Brad Coulter, a consultant with O'Keefe & Associates in Bloomfield Hills, Mich. "But the new GM's major shareholder is the U.S. government, or essentially you and I; and I think the taxpayers and Congress should demand public filings of financial information just as they did when GM was a public company...
...Demand for student string instruments, including those valued under $10,000, has also suffered. "Like just about everyone in retail, our members have certainly been impacted by the recession," says Joe Lamond, CEO of the International Music Products Association, which represents instrument retailers. "Acoustic pianos and high-end guitars are discretionary purchases for most people, and in tough times these can be deferred until things look brighter." In such an environment, dealers are far more likely to offer discounts. (See 25 people to blame for the financial crisis...
...study of mortgage rates and New York City housing prices going back to 1975 by Lucas Finco of Quadlet Consulting found no correlation between lower mortgage rates and higher housing prices, or vice versa. In fact, some think a modest rise in interest rates could be good for housing demand. "For the fence sitters, rising interest rates could be the motivation they need to buy," says Steven Wieting, Citigroup's US economist...
...Therein lies a critical challenge for Asia. Unless it comes up with a new source of demand to support its export-led growth model, Asia will face stiff and enduring headwinds. Nowhere is this more evident than in China, where the mood has turned particularly upbeat. While I no longer doubt that China's performance will be better than expected in 2009, there is good reason to be wary of extrapolation. China's incipient rebound relies on a timeworn stimulus formula: upping the ante on infrastructure spending to support growth in anticipation of a return of global demand for Chinese...
...community struck the usual poses that follow Pyongyang's periodic outrages. President Barack Obama said in a statement that the test would "serve to deepen North Korea's isolation." Japan said it would "not tolerate" such actions and called for an emergency meeting of the U.N. Security Council, a demand South Korea backed. Russia expressed "serious concern." Even the Chinese, North Korea's alleged ally, said they were "firmly opposed" to the test...