Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...alert," said Chuck Lambert, chief economist at the U.S. National Cattlemen's Beef Association as Department of Agriculture inspectors imposed strict checks on goods and passengers arriving from Britain and France. "We have to re-energize our systems and not be lax." From Sydney to Seattle, worried officials banned European meat imports, confiscated sandwiches and decontaminated arriving passengers to prevent inadvertent infection by a disease that, like everything else these days, is going global...
...would be easy, then, simply to pin the decline on the madness of speculators. "The people pulling out of the market in the U.S. are the same ones pulling out of the French market," argues economist Marc Touati, chief economist at Natexis Banques Populaires in Paris. "Don't forget that about 70% of funds invested in the Paris market come from abroad, notably...
...more Europeans have joined in the equity game, they haven't proven any less fickle than their American counterparts. Michael Saunders, chief European economist at Salomon Smith Barney, says the most recent money flow statistics for mutual funds suggest that Europe's retail investors are scaling back their investments and may even be pulling out. Why? "Retail investors have tended to be momentum investors," says Saunders. Equity funds did not do very well last year, and investors who have seen losses on their year-end statements are just retreating in disgust. In other words, they're fighting last year...
...annual rate, gives the E.C.B. plenty of reason to sit on its hands for a little longer. (The central bankers consider inflation above 2% unacceptable.) "They have a view that monetary policy will only affect the economy with a lag of nine to 18 months," says Julian Callow, an economist at Credit Suisse First Boston. "So they want to be very sure before they cut rates." The risk is that they've waited too long already. Merrill Lynch strategist Michael Hartnett is holding out hope for a rate cut this month, but adds: "They are already behind the curve...
...could tilt the trade imbalance further in Japan's favor. And the noise of a bursting stock-market bubble heard across the U.S. last week sounded eerily similar to what Japan experienced a decade ago. "It wasn't a miracle for Japan in the 1980s," says Tadashi Nakamae, an economist who co-authored the alarmist tome Wake Up, Japan! "And it wasn't a miracle for the U.S. in the 1990s either...