Word: frantic
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Dates: during 2000-2009
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...when the U.S. government's vaunted $700 billion rescue plan barely slowed the market meltdown. The usually ebullient CNBC host Jim Cramer went on Today and implored, "Whatever money you need for the next five years, please take it out of the market right now." Retirees were frantic. Even Fed Chairman Ben Bernanke, his face a rictus of worry, said the economy probably won't improve until next year. Stocks veered wildly...
...Masaaki Kanno, chief economist at JPMorgan Securities in Japan, summed up the frantic day in Asia. "Investor sentiment is in panic," Kanno said over the prospect of the spreading financial crisis dragging the global economy into a severe recession. The latest economic indicators are fueling this loss of confidence. For example, Japan's corporate bankruptcies jumped 34% in September, the largest increase since 2000, according to Tokyo Shoko Research...
...sudden, precipitous drop would almost certainly signal the beginning of a recession, since in many ways consumer confidence in the economy is the result of self-fulfilling prophecies: financial anxieties on Wall Street and frantic election-year politicking over the economy aren't really the kinds of things that buck up everyday spenders. But other factors now present in the economy affect popular thinking as well: energy costs, inflation, credit markets and job availability. Thus, the spectacle of Monday's roller-coaster ride on Wall Street may be just one more push toward the point when Americans start to pocket...
...know where Mark Halperin spent his week, but here in the real world, McCain--a "winner" on The Page--looked lost and frantic [Sept. 29]. He praised our economic fundamentals, then redefined them. He opposed the AIG bailout until he was for it. He attacked the U.S. Securities and Exchange Commission, then confused it with the Federal Election Commission. He even misplaced Spain. Senator Barack Obama, by contrast, was calm and reassuring, meeting with economic grownups and continuing his longtime advocacy of the kind of realistic regulations that might have helped prevent the financial catastrophe we find ourselves...
...polls have McCain in free fall now. "John's advisers are sitting around, trying figure out their next Hail Mary pass," the prominent Republican told me. "But most Hail Marys aren't successful. They fall to the ground in the end zone." Sometimes a frantic heave will net a score, but you get the sense that even if McCain stages a last-minute rally, Obama will not be daunted. Under insane pressure - as brutal a year on the stump as I've ever seen - he has kept his head. He is the least angry...