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...importantly, you could argue that it's too risky to hold the stocks." Kanno says people have lost a sense of what's fair value for financial assets, including stocks and other risky assets; they prefer time deposits, risk-free investments and cash. "Unless investors can have a positive outlook on corporate profits, there is no hope that stock prices will go up," Kanno says...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

Kagan’s imminent departure from the Law School coincides with an estimated 22 percent decline in the University’s endowment in a four-month period earlier this year. The Law School has not yet made public its budgetary outlook, and it is uncertain whether, as acting dean, Jackson will make an announcement regarding the impact of the shrinking endowment...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERSS | Title: Jackson Named Acting Harvard Law School Dean | 1/15/2009 | See Source »

...Frank-Juergen Weise, head of the Labor Agency. On Thursday, the government reported that German exports, the main driver of the country's economy, plunged 10.6% in November from the month before, the largest monthly decline since 1969. Joerg Kraemer, a Commerzbank economist, says the data support a bleak outlook on the overall economy. "We continue to expect German GDP to decline between 2% and 3% this year," says Kraemer...

Author: /time Magazine | Title: Merkel Moves to Heat Up German Economy | 1/8/2009 | See Source »

...agency's bleak outlook means the Postal Service will take more drastic steps. Some are primarily intended to attract more customers. Starting Jan. 18, for instance, online discounts and other savings plans begun in May 2008 will expand to make Postal Service prices more competitive - a move that could be showcased in a spring advertising campaign that will promote Priority Mail...

Author: /time Magazine | Title: For the Post Office: Snow, Rain and Now Gloom of Recession | 1/7/2009 | See Source »

...dark year is now over, but automakers don't yet see the dawn. Jim Lentz, president of Toyota Motor Sales U.S.A., says he expects sales in the first quarter of 2009 to be similar to those in the fourth quarter of 2008 - dreadful. While the outlook remains too uncertain for any consensus to emerge on full-year 2009 sales, carmakers are hoping to see some signs of life this spring. "We could see year-over-year comparisons improve (i.e., not be down so much!) starting in April 2009 because the market really collapsed in April 2008," says Rebecca Lindland...

Author: /time Magazine | Title: The Carmakers' Bleak Year-End Numbers | 1/5/2009 | See Source »

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