Word: outlooks
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TIME: With the damage that has been done, what is your outlook for the U.S. market...
GARY BERGSTROM: We have been through an almost classic waterfall and are due for at least a decent rally for a while. Where I take issue with other people is in the longer-run outlook for equity returns. You have to be a wild bull on U.S. earnings growth to get even high single-digit numbers out of the S&P 500 over the next five to seven years...
TIME: What is your outlook for the dollar, and how important...
Until recently, calling a european executive Anglo-Saxon was considered a compliment. It meant the manager had a global outlook, was focused on the bottom line and gave top priority to keeping shareholders happy. Lately, however, the term has become an insult, suggesting an egotistical empire builder more interested in expanding the company through acquisitions than in the health of the core business...
...thing that matters is price. "There is a massive opportunity for low-cost, whether it's people transferring for a long-haul flight or just point-to-point," says Adam Harris, sales and marketing director at Buzz, the U.K.-based, low-cost arm of Dutch airline KLM. "The whole outlook will change...