Word: doldrum
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...certainly makes the mission much more urgent,” Suhrcke says. “It’s more compelling now. There was sort of a doldrum, I think, during the 80s when everyone was feeling good. People were comfortable and complacent...
...course, maybe what he's not saying is that he's done all he can do. This doldrum could definitely be around a while. In the recessionary manufacturing sector, capacity utilization - actual production, as opposed to how much it could produce if anybody wanted it - is at the lowest point since the last recession. Banks are writing off bad loans hand over fist, and plenty gun-shy about lending to businesses with too few customers, no matter how cheap the money...
Earnings worries, euro worries, Greenspan worries - they've been dragging the Dow and NADSAQ down, session by session, doldrum by doldrum, for weeks. But throw in some Gulf War flashbacks, and you've got a real live selloff...