Word: fearfully
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...something explosive to happen? The most outstanding feature of this crisis compared to any other that I've been through or studied is not that we have debt problems or not that the stock market's come down. The most outstanding feature to me is the level of fear this financial crisis has created - the panic, the sheer loss of confidence. I certainly have not been through one like this. Even the '82 market one wasn't this bad from a fear perspective...
...bottom of any kind of bear market you get some level of fear and capitulation. It's hard to know the precise point of the extreme, but today there are many things that tell me that fear is way over the top, not the least of which is the level of cash holdings by private households and businesses as a percent of GDP - it's at a post-World War II high. There's so much sideline buying power - dry powder - and everywhere you look and it shows up in the Fed's statements. Part of this is because...
...When I raised my head I noticed people texting their friends and family getting off a last message. My Blackberry was turned off and in my trouser pocket; no time to get at it. Our descent continued and I prayed for courage to control my fear and help if able. (Read the article on Is There Cause for Fear of Flying...
...Royal Caribbean cruise line is rolling out the world's largest cruise ship next fall, the Oasis of the Seas. Rock walls are passe; this 5,400-passenger colossus has its own zip line across the back of the boat. But if you fear that a voyage on the state-of-the-art Oasis will sink your wallet, think again: you can book a seven-night Caribbean trip in that brass ring of cruise deals, a cabin with a balcony, for less than $1,000 per person. Considering it includes three meals a day, it's like getting an Orlando...
...Critics are alarmed by an agreement they fear will attack the rights of women, create a parallel legal system, encourage Islamist insurgencies elsewhere in Pakistan and even create a safe haven for a wider spectrum of militants. Still, many locals have welcomed the deal for the stability it promises. "We are happy that there is a chance for peace now," said Mohammed Tariq, 36, a thickly bearded cafeteria worker who blamed the Taliban for spreading fear and the army for alienating the population by inflicting a heavy toll in civilian casualties. "We hope that it doesn't fail." Like many...