Word: outlook
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...markets aren't immune from further bad news and the uncertainty level is still high. Goldman Sachs in a note to investors this week said that Asian stocks are "getting interestingly cheap" but analysts "certainly do not pretend to have any real clarity on the near-term market outlook." The investment bank said "for now, most investors in Asia will continue to focus more on cutting risk and hedging positions rather than putting on substantial new risk." The wild ride in Asian markets isn't over...
...that approach risks some loss of flavor. In Life (Fridays, 10 p.m. E.T.; preview debut Sept. 29), Damian Lewis plays Charlie Crews, a cop wrongly convicted of murder who returns from jail with a big cash settlement and a Zen outlook. Because of Lewis' brilliant portrayal of the eccentric Charlie, the show is perfectly enjoyable. It's just not compelling, mainly because the ongoing story of Charlie's search for justice is so isolated from the rest of the show that it seems meant for bathroom and snack breaks. Life could disappear for five years, and I'd probably enjoy...
...Still, even amidst a global economic slowdown, the outlook for the Arab economies will remain sunny. As long as oil stays above $60 a barrel, governments won't have to cut their budgets, says John Sfakianakis, the chief economist at Saudi's SABB bank. And jitters on Wall Street could sharpen the eyes of Arab regulators for the kind of irrational exuberance that got American investors in hot water. "The unscrupulous spending of the past will be slowed in the months to come, which will have a positive impact overall," says Sfakianakis. "Many Gulf economies were growing so quickly that...
...woes will have on the U.S. economy. Though Asia's economies aren't as dependent on the U.S. market for growth as they traditionally were, exports to the U.S., Europe and Japan are still a key driving force in Asia's rapid development. Any global slowdown dims the outlook for Asia. "There will be important economic implications of the financial meltdown in the U.S. on Asia," says Dariusz Kowalczyk, chief investment strategist at CFC Seymour in Hong Kong. The continued financial chaos in the U.S., he says, raises fears in Asia that the American economy will experience a more protracted...
...woes will have on the U.S. economy. Though Asia's economies aren't as dependent on the U.S. market for growth as they traditionally were, exports to the U.S., Europe and Japan are still a key driving force in Asia's rapid development. Any global slowdown dims the outlook for Asia. "There will be important economic implications of the financial meltdown in the U.S. on Asia," says Dariusz Kowalczyk, chief investment strategist at CFC Seymour in Hong Kong. The continued financial chaos in the U.S., he says, raises fears in Asia that the American economy will experience a more protracted...