Word: marketeers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...that the Fed's probably under political pressure - such as the hearings for new regulation of the Fed, the growing public unease about the supersized Fed balance sheet, etc. The Fed's expanded balance sheet is not something that I consider to be a problem, but I think the market does - and so the Fed will probably be working in the direction of pulling some of the liquidity out of the marketplace. They won't sell - it's a near impossibility to unload what they've purchased over past 12 months. But they'll at least stop buying...
...that put upward pressure on interest rates? I think it will. I mean, the mortgage market would be your first place to look, in terms of something that's overvalued that would become normalized. Nobody knows what the Fed's buying is worth - we think about half a percentage point on rates, but we don't know...
Winners and Losers It happens - or was it inevitable? - that the top three winners were also the year's most expensive movies, costing between $210 million and $250 million, not including the cost of bringing them to market (usually another $100 million or so). Studio moguls are always looking for ways to tamp down runaway budgets, but they may have to acknowledge that money on the screen equals money in the bank often enough to take the risk. The worldwide popularity of these über-movies also suggests that smaller pictures will have a harder time getting made. That trend...
...Somalis, Ethiopians and Eritreans can find little employment. Says Abdel Kadir Hassan, deputy community leader of Bassatine's Somalis: "A lot of the men go to the market to wash cars and a lot of the women beg." They have to compete with the locals, who already suffer a 35% unemployment rate, compounded by one of the fastest growing populations in the world. It is not surprising that the foreigners are quickly becoming scapegoats for Yemen's ills...
Aside from inflated drug and guerrilla violence, another specter is unrest resulting from Mexico's deflated economy. Given its enormous reliance on the U.S. market - and on remittances from Mexican workers there, which have declined sharply this year - the global recession has hit Mexico especially hard. Its GDP, in fact, will contract more than 5% in 2009, exacerbating unemployment as well as Mexico's chronic poverty. A report this year by the Colegio de Mexico, one of the country's top universities, warned, "A national social explosion is knocking at the door." Said top Roman Catholic Bishop Gustavo Rodriguez...