Word: pullback
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Dates: during 2000-2009
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...didn't need to," says Evans. "There's a belief that because the market has dropped and the economy appears to be terrible that they do not have enough to make ends meet ... But oftentimes, if they put pen to paper and examine the financial implications of the market pullback, they will find that they...
...persist? First, because of fear. Falling house prices, necessary though they were, triggered a lot of the mess we're in, and the thought of quashing a nascent recovery naturally leads to thoughts of another round of repercussions. Home sales have been growing for months, but a one-time pullback - like the one we saw in August - can still send chills down spines...
...homebuilders has gotten ahead of the sector's pending recovery. "The stocks have gone too far, too fast," says Rob Stevenson, managing director at Fox-Pitt Cochran Caronia. Stevenson isn't surprised by the insider selling at Toll Brothers: "We think the group has gotten overvalued and that a pullback is likely." After all, he notes, "they're still not producing a profit...
...dilemma, especially now that U.S. President Barack Obama has arrived with a new approach to diplomacy that largely jibes with Europe's. "In the end, all you can really do is keep your soldiers there and accompany them until the day that Obama sees it is O.K. for a pullback," says Romano. "It's a very passive diplomacy, but it's not irrational. You can't really undermine American foreign policy, especially now." (Read "Congressional Dems Get Balky on Afghanistan...
...filing comes as the debilitating recession, rising unemployment, a sharp pullback in business travel and weak consumer confidence have taken a crippling toll on hotels. In the first seven months of 2009, hotel occupancy was down 10.3% while average daily room rates are off 8.8%, according to Smith Travel Research (STR). At the same time, lodging stocks lost 80% of their value on average over the past year, although many have rallied back a bit in the past couple of months...