Word: outlook
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...course of the campaign we did mention that we thought it was a problem that there was no national energy policy for several years, that if you look down the road [at] the storm cloud on the horizon out there that could potentially adversely affect our long term economic outlook, it was potential problems in the energy area. And now here we are in April of 2001 and we're talking about rolling blackouts in California and power shortages all up and down the West Coast up into the Northwest and rapidly rising prices for various forms of energy...
...Bernard Baumohl: It was a real surprise. But the numbers reflect the resilience of consumers, who despite the gloomy economic outlook this spring continue to purchase cars and homes without skipping a beat. And it shows how dependent this economy is on those consumers...
...negligible increase in the CPI, the smallest rise in seven months, which is not unexpected in a slowdown. The bad news is that there's obviously no room for companies to raise prices to try and bulk up their profits, and that's going to keep the corporate earnings outlook pretty grim for a while. The good news is that this would seem to give the Fed tremendous latitude to cut rates quickly...
...Sure. There are a lot of big ones coming this week, and for the next two weeks. (After the bell Tuesday, Intel actually topped estimates.) But I think we'll see a general sorting-out. Everyone knows the first quarter was lousy. The only thing that matters is the outlook for the rest of the year, relative to estimates. It's a given that they're down - it's a question of how much, and are there any surprises. And whether a company's problems - like Kodak, for instance- are deemed to be an individual problem or one that...
...what's the outlook for spring in the markets...