Word: marketed
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Dates: during 2000-2009
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...little reason to change this now. Experts will say that bank stocks were too high two years ago when they traded at their all-time highs. The financial results at the companies were pretty good then. When investors caught on that the party was over, they cut the market values of many of the companies by more than 95%. And, they did it quickly. A perfectionist would argue that investors should have seen the bad news coming. But, that is not unlike saying that stockholders should have seen the recession coming. If they had, the Dow might never have made...
...worth, let alone the common stock. That point of view leaves out the most obvious aspect of valuing Citi's stock which is that it is followed by thousands of experts. Cit trades over 400 million shares a day. With that much volume and that many experts, the market for evaluating the bank's stock is probably as efficient as it is for any publicly traded stock in the world. Citi's value changes by the second and on some days its market cap moves by over $1 billion in a few minutes. What analysts want their clients...
After a four-week rally, stocks moved lower on Monday and Tuesday. Does this spell the end of the uptrend or just healthy consolidation? To find out, TIME contributing editor John Curran spoke with Mary Ann Bartels, stock market technical analyst at Bank of America/Merrill Lynch...
...free market crowd still wants to let the capitalist system sort itself out without substantial government intervention. They posit that, no matter how painful the adjustment, it is better for the economy to move to or beyond the brink of collapse on its own so that the resulting inexpensive labor, goods, and services can eventually cause a tiny spark of demand which will eventually turn into a raging recovery. These analysts may be right, but nearly everyone is frightened by the prospect of the carnage which would go along with the economy "improving itself" without government intervention. If unemployment gets...
Sometimes change blows into fashion at unexpected moments. Back in September, just as the stock market began to plunge, fashion designers, journalists and buyers were taking in the fall 2009 runway shows in Paris and trying to rationalize what they were seeing. Even at its most frivolous, fashion always reflects the moment, so how would designers interpret the collapsing Dow and skyrocketing unemployment? Clarity came for me at Junya Watanabe's poetic show, a tribute to African style expressed in hand-blocked prints paired with recycled-denim skirts. As the first model appeared, a hush of recognition settled over...