Word: downshifted
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...raised by administration officials who, when facing a clamor over the failure to find weapons of mass destruction early in the summer, called for patience and expressed confidence that the group led by former UNSCOM official David Kay would prove the existence of such weapons. Subsequently, officials began to downshift somewhat, stressing that evidence would be found of programs to build weapons, but not necessarily any actual weapons. But Kay himself may also have contributed to raising expectations during his Capitol Hill report-back in July, when he hinted that doubters were in for surprises when he issued his report...
Much would have to change in the typical workplace for parents to be able to downshift temporarily and then resume their pace as their children grew older. Hewlett hopes that the war for talent will inspire corporations to adopt more family-friendly policies in order to attract and maintain the most talented parents, whether male or female. Many of her policy recommendations, however, are unlikely to be enacted anytime soon: mandatory paid parental leave; official "career breaks" like the generous policy at IBM that grants workers up to three years' leave with the guarantee of return to the same...
There's more. Large Japanese companies will begin selling their U.S. assets to raise cash. "We're already seeing this selling in the U.S. stock market and in real estate," says Behravesh. "Treasury bonds may be next." If so, U.S. interest rates could go higher, and that would downshift the economy, no matter what Alan Greenspan does...
...There's more. Large Japanese companies will begin selling their U.S. assets to raise cash. "We're already seeing this selling in the U.S. stock market and in real estate," says Behravesh. "Treasury bonds may be next." If so, U.S. interest rates could go higher, and that would downshift the economy, no matter what Alan Greenspan does...
Wall Street swings to extremes in a flash. For years portfolio managers have worried about the spectre of runaway inflation, as employment and incomes threatened to power into sixth gear. Now, after a summer of turbulence, they have become convinced that the economy won't weather the quick downshift. They are jettisoning the stocks and bonds of any companies that could stumble if the decade-old expansion turns to recession. But what happens if that severe slowdown doesn't hit? What if the Fed won't let it happen and moves aggressively to cut rates? Then Wall Street will have...