Word: outlook
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...Furthermore, long-term growth is propelled by productivity gains, not by consumer spending. From this standpoint, the outlook for stocks is even more promising. Companies have rigorously cut costs and positioned themselves for a rapid rise in earnings once top-line growth resumes. Annualized productivity growth in the second and third quarters of 2009 averaged 8.2%, the highest six-month average in 40 years and unprecedented for an economy just emerging from a severe recession. Indeed, third-quarter profits, now being reported, are running well ahead of estimates...
...Most of the federal stimulus money is disbursed via states and counties, and the outlook for minorities does seem better once the dollars reach more local levels. Miami-Dade County's Public Works Department has kept its so far $25 million worth of stimulus projects relatively small, and therefore more accessible to minority contractors, to ensure its own 10% DBE participation goal. On some projects Miami-Dade has even 100% DBE involvement. For now, the county is using what stimulus money it can earmark for transit purposes to purchase a fleet of BRT (bus rapid transit) buses that will...
...Japan's central bank has dismissed the possibility the country could enter a deflationary death spiral. On Friday, the Bank of Japan upgraded its outlook for the Japanese economy and left interest rates at 0.1%. "The BOJ doesn't want to take any aggressive policy measures because it doesn't think the status quo is so harmful," says Kanno of JPMorgan Securities. (Read "Japan's Government: Five Ways to Fix the Economy...
Perhaps there is nothing concrete, no policy point or direct action item. But for me, when I acknowledged how competitive things actually are, my outlook shifted. Realizing the motivation of the snideness helped remove it from my psychology. My long-term success was not threatened by that of a peer, even if it seemed otherwise as I stared him down outside of the McKinsey interview. Somebody else’s failure in class would not somehow enhance my experience...
Long and Johnson contribute their innovative mode of thinking to the fact that they are both Social Studies concentrators, and they believe that their distinctive outlook will serve them well if elected to the UC leadership...