Word: losely
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...according to most estimates. Two and a half million people have lost work since the beginning of the year. A housing recovery cannot occur in the presence of the massive collapse in unemployment. The devastation of the potential home buying base is too great. Many of the people who lose jobs will also lose their houses and that increases the inventory of unsold homes...
...play their own self-protection game, which can add to bearish momentum. As markets tumble, the crash becomes exacerbated by traders' stop-loss orders, which automatically initiate more selling as the price falls. In other words, as traders who had bought hog contracts at a higher price begin to lose money on their long positions, they are forced to sell them before their losses escalate. (See the top five swine...
...even if the outright decline in economic activity - a.k.a. the recession - ends later this year, we won't exactly be out of the woods. "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight of the more important question," said Mohamed El-Erian, CEO of bond-investing giant Pimco, at a conference in Los Angeles last week. "It's not whether the recession will be over; it's what does the new normal look like...
...college," Stephen Santelli, 28, told the crowd to applause in asking a question about education standards. "Look at what happened in November," Santelli lamented to reporters after the event. "John McCain was basically Democrat-light, and we lost the election. Move too much to the center and you lose the base...
...bluntly demanded that the Pakistani military - a recipient of more than $10 billion in U.S. aid over the past decade - do a better job of earning that support. "We're wondering why they don't just get out there and deal with these people," Clinton said. "If you lose soldiers trying to retake part of your own country, it seems to me, that's the army's mission." (See pictures of the Taliban's move into Buner...