Word: outlooks
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...survey, a poll of nearly 6,000 university seniors conducted by Recruit Co., a Tokyo-based research and human resources company, revealed that Japan's flailing, export-driven economy has had a profound impact on the outlook of those on the brink of entering the workforce. Toyota's ranking as a preferred employer plummeted from 6th place last year to 96th place this year. Sony fell from 8th to 29th place; Sharp from 14th to 55th place; Canon from 20th to 77th place. (See pictures of the global financial crisis...
...Cordaro isn't the only one having doubts. Last week, ratings agency Moody's lowered its outlook for the debt of local governments to 'Negative.' In its report, the ratings agency said local governments face "unprecedented fiscal challenges," over the next 18 months. The report also noted that this was the first time Moody's analysts were broadly worried about the ability of local governments to pay back their debts. Among the places Moody's finds to be most troubled are cities in Florida and California, because of the real estate bust, Indiana, Michigan and Ohio, which are being hurt...
...agendas; they then invite him to testify on Capitol Hill (he has done so half a dozen times in the past year), which leads to more TV interviews, which boosts business for Economy.com On a recent Thursday in Washington, Zandi spent the first part of the morning presenting his outlook for the U.S. economy to a crowd of Moody's clients. Standing at a lectern under fluorescent lights, blinking behind his oval spectacles, he said the bank-bailout plan introduced by Treasury Secretary Timothy Geithner to encourage private investors to buy banks' toxic mortgage assets is a "reasonably good idea...
Read TIME's Q&A with a Merrill Lynch strategist on the outlook for stocks...
...Pakistan's existential conflict with India. Many in Pakistan's security establishment see the government of President Hamid Karzai as first and foremost a close ally of India's, and therefore a rival to Pakistan's strategic interests. The Obama Administration's exit strategy is unlikely to change that outlook. As long as Pakistan remains in conflict with India, the country's military establishment will be reluctant to "put all its eggs in the American basket," as a Pakistani analyst put it. (Read "Avoiding a Quagmire in Afghanistan...