Word: macros
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Dates: during 2000-2009
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...heard about parents who worked on Wall Street no longer getting a big enough bonus to cover camp. And the list went on. To keep his loyal campers coming back, he cut some deals: while everyone paid the same, more families than ever set up payment plans. "In the macro picture, we're in the same place we've always been, but in the micro picture, we've had families who have gone through real changes," Dorfman says...
...environment." StanChart executives insist that their carefully managed loan portfolio can withstand the recession better than some expect. Though they did see a spurt of losses from bad loans while the financial crisis was roaring, managers say the situation improved in early 2009. "There is no direct correlation with macro numbers and the individual bank," says Bindra...
...near term, we still expect losses to exceed management's expectations," wrote analyst Paul Miller, who follows banks at FBR Capital Markets, in a recent report to clients. Miller, who rates Wells' shares "underperform," expects Wells' stock to fall by half its current price to $12. "Given our macro outlook ... we just can't get comfortable with Wells' balance sheet...
...gaming analyst at brokerage CLSA in Hong Kong, says that China's economy is strengthening, which could benefit the city's tourism industry. He also notes the Chinese government seems to be loosening its tight visa restrictions on Chinese visitors. "We'll continue to see recovery because of these macro factors," Fischer says. "We have turned the corner." But predicting the future of Macau's gambling industry is a lot like rolling dice...
...higher taxes.” Ezzati said. “There could be less access to tobacco because it is regulated...The public health system’s role is to create the trigger for individual action.” Though Ezzati emphasized the need for changes at the macro level—like regulating access to tobacco, advertising, or information on packaging—one student smoker said there is a social aspect to smoking that might not be affected by such changes. “Along with the actual chemical addiction of nicotine, there’s also...