Word: modeste
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...Another trend: a creeping problem in the Midwest. It's true that property markets never went wild in Des Moines, Iowa, or Omaha, Neb., the way they did in Merced, Calif., and Fort Myers, Fla., but this means even modest declines in home values can erase equity, especially for recent buyers who have less of a cushion against falling prices. In Iowa, 18.6% of homeowners have negative equity; in Nebraska the figure is 16.6% (both jumped more than three percentage points from September). (See pictures of struggling Cleveland...
...Amazon's sales of its Kindle ebook reader have been modest. Estimates put units sold in the fourteen months since the device was introduced at 500,000. That's not much for a product endorsed by Oprah...
...lost at a rate of 2 million per quarter. Even advocates of tax cuts would have to admit that the money any cuts would add to business and consumer wallets would not make much difference in the next several months. That may be academic. The Administration is proposing a modest cut for most people, but it is just that - a modest cut. Businesses that will be taxed at a higher rate will have to decide whether that drain affects how many people they'll have on their payrolls...
Relative calm returned to global bourses Tuesday following Monday's battering. Asian markets closed slightly down, while European indices reflected modest opening gains. But many observers see Tuesday's lull as little more than a break between rounds in a particularly brutal boxing match. "The markets certainly got a breather today," says Kirby Daley, senior strategist at financial services firm Newedge Group in Hong Kong, of Tuesday's respite. "(But) I believe it will be short-lived...
...However the rookie is modest, bringing much more to the table than he acknowledges...