Word: panic
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...recently saw somewhat of a panic with swine flu. Are viruses the thing that's going to wipe this planet clean, as opposed to nuclear bombs? It certainly is the one threat that seems to allow us to be irrational about things. A nuclear attack requires a device, it can be intercepted, it can only affect a certain area. There is a logic to the way it spreads. But a virus grows exponentially. Every time it expands, there's a casualty. It's closer to a panic - closer, therefore, to a very primal fear...
Philip J. Fisher’s class on Aestheticism and Modernism—and reading period—have taught me the importance of a sense of playfulness. I’ve learned that there are two approaches to a T minus 24-hours sense of panic: partaking in a dining hall arms race (“Only two papers? Try three.”) and snapping at strangers, or slowing down, taking my computer to Café Algiers, and appreciating January’s new fallen snow...
...rise in interest rates demonstrates nothing except a market beginning to return to normalcy, not one getting spooked by fears of inflation. Consider that so-called TIPS - inflation-protected bonds - yield 1.5% on the five-year bond and just 1.9% on the 10-year. No sign of incipient inflationary panic there. To China and to everyone else watching, the U.S. would cite that as progress - and reasonably...
...headed into his key meetings in China, Geithner actually had an ever so slight wind at his back. He acknowledged as much, in fact, upon greeting Prime Minister Wen: "At the time we met in New York [last autumn]," Geithner told him, "it was a time of great panic. But we are happy to see small signs of recovery...
...result of financial blogger Michael (Mish) Shedlock's pointing out that Schiff's investment recommendations were money losers in 2008. How could a bear have managed to lose money last year? Schiff was blindsided when global investors piled into dollars and U.S. government bonds during last fall's panic. But that rush to safety has already abated, and over longer periods, Schiff's decade-old strategy of steering clients out of U.S. securities and into commodities and overseas stocks has been a big winner. His investment record surely can't be the reason for his fall from media grace...