Word: expectations
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Then why the late-Friday rebound? Certainly not from any significant easing in credit markets, where most measures of banks' unwillingness to lend to each other remained off the charts. And yet the late-afternoon sell-off that investors had come to expect - from hedge funds and other investors freeing up cash to make margin calls and pay clients wanting to withdraw money - didn't come. Instead, around 3 p.m., indexes began to rise...
...much to ask the G-7, which normally reserves its energy for pointless but massively expensive annual summits in deluxe resorts like Heiligendamm, Germany, or Sea Island, Georgia, to take dramatic steps to address the financial crisis that is sweeping the world. But we should at least expect that the seven most powerful national economies would not make things worse at a moment of global need. Or should...
...wasn’t what I would expect to see in the square.” Kelly said. “It was weird...
...concluded that Pakistan did not behave more boldly than one would expect based on the nation’s behavior before obtaining a nuclear arsenal...
...This case violates almost everything you would expect of fair editing,” Light said in a recent phone interview, stating that the authors were given more space and time to reply to the critique than he and his colleague...