Word: expectations
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...more expensive to borrow and so riskier to carry. "Even though interest rates are low everywhere as global demand gradually picks up, we think the yen will strengthen," predicts Credit Suisse's Desbarres. Economic growth in the U.S. appears so sluggish, by contrast, that Credit Suisse does not expect any rate hikes from the U.S. Federal Reserve, necessary to strengthen the dollar, until the middle...
...economic downturns, law firms have come to expect litigation activity to increase even while transactions decrease in a recession. But the magnitude of this recession—the worst since the Great Depression—has nullified this conventional wisdom, leaving firms scrambling to cope...
...projection for late 2010 and 2011, when much of the stimulus spending will have run out, is that the economy will continue to grow but at a rate slower than past recoveries. A recent poll of economists by the newsletter Blue Chip Economic Indicators found that on average, economists expect the economy to expand 2.7% in the fourth quarter of 2010. That's faster than the economy is growing today, but not what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore. "But that...
...Square is a beautiful space, but they will be making some renovations to it and I expect it’ll all happen very quickly,” Jillson said. “If it isn’t ready by the holidays, we hope it will be ready at least for our Winter Carnival...
...fine line to tread. China's army of retail investors - its citizens are said to have opened more than 100 million stock brokerage accounts - is driven by sentiment rather than fundamentals. They expect to make hefty gains from IPOs as a matter of course, and so capping price rises even temporarily may turn off many of them...