Word: expectancies
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Dates: during 2000-2009
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...bottom line: Securities analysts now expect the fourth quarter and 2009 to be much tougher on corporate America than they did just a month ago. Part of this new burst of cynicism is coming from the brutally candid earnings that guidance companies have been providing lately. "What management is saying on these [conference] calls is basically 'Life sucks,'" says Van Dijk. (He titled his investment report for the close of October "Halloween Comes Early: The Drop in Earnings Expectations Is Scarier Than Any Witch or Werewolf That Shows Up at Your Door...
When Lehman Brothers calls up [Treasury Secretary Hank] Paulson, what do you expect them to say? "Gosh, I got to worry about my Maserati or my plane payments?" No. They call up and shriek about systemic risk. Come on. Investment banks have been going bankrupt for hundreds of years and the world has still somehow survived. This approach has never worked. This is what the Japanese did in the 1990s. They refused to let anyone fail. And they had zombie banks and zombie companies. The way the system is supposed to work is when we have bad times, the assets...
...anti-Clark forces that New Zealand has become a nanny state. It's a perception strongest in rural areas, where many farmers feel suffocated by bureaucracy. Sometimes, their grievances sound more like longing for a bygone era, when farmhands weren't glued to their mobiles and trampers couldn't expect a payout for injuring themselves on private land. But it's also a case of where there's smoke there's fire: Clark could never be mistaken for a proponent of small government...
...seek its first taste of victory this season. Unless the Big Green increases overall offensive production and stiffens up on defense, it likely will extend the third longest losing streak in Division I-AA to nine games. “So far, as well as can be expected, obviously, we’re frustrated and expectations have not been met, but also realistic in that we’re playing a lot of young players,” Teevens said. “We have a lot of freshman and sophomores starting, especially on the offensive line, which is highly...
...expect he'll be able to deliver a speech Tuesday night or Wednesday morning...