Word: legging
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Cohon eventually plans to run the Ironman Triathlon in November. The last leg of that race is a marathon, so Boston is a practice event...
...that means that the last leg holding up this economy - consumer spending, which accounts for two thirds of U.S. economic activity - may be ready to fall. These numbers, along with the bad reports from retailers like Sears and Wal-Mart, indicate to me that consumers are nervous about the economy, and they're staying home. And that spells recession...
...Right now I'm going for number one," Taylor said. "The fact that I hadn't seen our 400 track here-since it was covered with snow-was a setback. And I ran the last stretch on my weak leg instead of my strong leg. I think I would have PRd had I run a smarter race...
...strings company that includes Pat Metheny and Bill Frisell is back. In another phase of a career founded on jazz-funk fusion that later moved on to more straight jazz, and then returned to his rookie days, Scofield has turned around once again. On the North American leg of a world tour, Scofield stopped in for a four-night set on March 7 at the Regattabar, for an event that seemed as much a celebration of his eclectic career as it was an opportunity to promote his latest CD, Works...
...course if consumers stop spending, then the last leg that's holding up this economy collapses, and a recession becomes very likely. It's self-fulfilling. So the Fed will continue to watch very carefully the consumer confidence numbers, retail sales and anything related to employment that could put people who are still working in real fear for their jobs. The April number is therefore critical in terms of what the Fed will...