Word: economisters
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...commercial jet business, said it will lay off as many as 30,000, or 15% of its work force, by the end of 2002. For most observers, it's no longer a question of whether we are in a recession but how long it will last. Mark Zandi, chief economist at economy.com calls the terror attacks "a disaster of nationwide proportions...
There?s an old joke about an economist trapped on a desert island, with the only sustenance a crate of canned goods that had washed up on shore. His fellow survivors ask the learned man his ideas for getting a meal. His reply: "First, assume we have a can opener...
...with the U.S. security pact and the Constitution to give Japan's military more flexibility. Last month he visited Yasukuni, the controversial Shinto war shrine where Japan's war dead, including war criminals, are honored. "You can't overestimate how much patriotism drives his thinking," say Jesper Koll, chief economist with Merrill Lynch in Japan and a Koizumi...
...there is increased demand for U.S. goods abroad, and earnings would get a boost when overseas profits are repatriated into dollars. "There will be more buying because of better earnings than there will be skittishness about being invested in dollar-denominated equities," predicts Eaton Vance Management's chief economist, Bob MacIntosh...
...generation to the next. So Koizumi's election should have been a slam dunk. Instead, he suffered an embarrassing defeat in Yokosuka, his family's parliamentary district. "His political base was fragile, because a lot of new people were moving into the urban areas," says Naoki Tanaka, an economist who now heads a Prime Ministerial advisory panel. "And at first, his speeches were not very good. He was very...