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Word: outlook (lookup in dictionary) (lookup stats)
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...traded on them are headed. The reason? First off, if the selling frenzies that sent indices plunging by roughly 50% over the past year were initially driven by fears of possible collapse of global finance markets, that panic is now mostly being inspired by the world's dismal economic outlook. Because of that, many experts say, traders are coming to work scared, and looking for signs to confirm that terror. "Markets have lost points of reference, and are now acting on a combination of mega-pessimism and hyper-speculation," says Marc Touati, director general of Global Equities in Paris. "Meaning...

Author: /time Magazine | Title: Asian and European Markets Calmer, but More Chaos Ahead | 3/3/2009 | See Source »

...mere fact HSBC turned a profit despite its troubles was a small ray of light amid an otherwise bleak outlook. New figures covering January showed industrial output falling more than anticipated in the eurozone; joblessness rose from 8.1% in December to 8.2% in January, nearly a full percentage point higher than the same month last year. (Find out 10 things to do with your money...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

...under its 5,000 mark of 1995 if things get worse. Billionaire investment guru Warren Buffett warned his investors over the weekend that "the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond". Still, Buffet went on to note that despite that terrible economic outlook overall, it "does not tell us whether the stock market will rise or fall". Apart from Monday, that...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

...treatise “On Bullshit,” which scrutinized our use of another pseudo-expletive. The eponymous phenomenon is one of mental manipulation, a “rhetorical abuse or sleight-of-hand” that involves “a fundamental restructuring of outlook, often with deep emotional resonance, and frequently coupled with resistance.” McGinn intends to draw attention “to a phenomenon on which it is advisable to have a clear grip”: in other words, he aims to prepare and protect us.Coming at the end of the book, however...

Author: By Antonia M.R. Peacocke, CRIMSON STAFF WRITER | Title: McGinn Fucks, Mindfucks, Fails | 2/27/2009 | See Source »

...Much of that rosy outlook is pinned to a rock-solid faith in the Chinese government. These signs of new life in the national economy are seen by some economists as evidence that Beijing's massive monetary and fiscal-stimulus measures are kicking in. In November, the government announced a $586 billion spending package, mainly in new infrastructure projects, and since then, policymakers have introduced a long slate of measures to boost consumer spending. The government raised pension payments to retirees from state-owned enterprises, hiked teacher salaries, cut sales taxes on some vehicles and subsidized purchases of appliances...

Author: /time Magazine | Title: China's Economy: Rare Signs of Optimism | 2/27/2009 | See Source »

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