Word: greenspans
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Dates: during 2000-2009
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...asking again - can they keep it up? Because now that Alan Greenspan and every other economist has pronounced the economy to be pulling out of its whatever-it-was and headed back into boom times, the kind of recovery we get in 2002 - a fast-and-furious V-shape, a slow and grudging L, or worst of all, a double-dip W - depends on how much consumers can improve on their 2001 performance. And the worry is that after spending to beat the terrorists, shoppers have left themselves a very tough act to follow...
...take a deep breath. After a brief but painful downturn marked by widespread layoffs, a morale-crushing bear market in stocks and the virtual shutdown of the travel industry post-Sept. 11, the rich smell of recovery is in the air. Even basset-faced Alan Greenspan has picked up the scent. "Recent evidence increasingly suggests that an economic expansion is already well under way," the Fed chief told the Senate Banking Committee...
...time fiscal relief to offset economic stress. Call Bush lucky, but his rebates landed in the only quarter of negative GDP. They softened the downturn and helped pave the way for a buoyant Christmas quarter. Already, though, Bush's tax-cutting agenda is in deep trouble. Just hours after Greenspan hailed the recovery, the House passed a scaled-back economic package that amounts to a Republican retreat on broader tax cuts. The rebates were a one-time boost that won't be matched this year. In another policy negative, Bush's new steel tariffs--in effect, a tax hike--could...
Stories about romantic escapades rarely get much coverage in the financial press. Given that the business world's most prominent figures include people like Bill Gates and Alan Greenspan, this is perhaps not surprising, nor unappreciated. But leave it to Jack Welch, who pioneered so much else during his two decades as the chief executive of General Electric, to upend tradition...
...Noted "Trust and reputation can vanish overnight. A factory cannot." ALAN GREENSPAN, chairman of the U.S. Federal Reserve, on how the collapse of Enron shows the fragility of companies lacking tangible assets...