Word: quarters
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Dates: during 2000-2009
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Most large companies have released their first quarter earnings and the critical economic figures for March and April are out. A growing number of economists say that the consumer will begin to conquer his panic by year's end and GDP will revive as if nothing had happened. The most recent poll from the Blue Chip Economic Indicators newsletter shows that many analysts expect GDP to recover as early as the third quarter but since that the measure was down 6% the last two quarters, such a swift recovery would be like building the Great Pyramid by hand...
However, FlyBy is hoping that we're only in the first quarter of this most intriguing game. The 'Poon is too obvious a suspect...does someone else have the time and level of boredom to do this? Where's the motive? Can we at least get a copycat? Otherwise, this weird occurence will end as just that...merely weird...
...Take the unemployment rate: the adverse scenario of the stress test is based on an average unemployment rate of 10.3% for 2009. However, at the current pace unemployment is more likely to hit the 11% mark. On a quarterly basis, the rate of unemployment is already well beyond the levels assumed by the adverse scenario for the end of the first quarter of 2009. Similar considerations apply to U.S. real GDP and home prices. (Read about the top 10 bankruptcies...
...poll—sponsored by the Harvard Republican Club—reflects the opinions of roughly a quarter of Harvard’s undergraduate population, and cuts across all bands of the political spectrum: 54 percent of respondent self-reported as Democrats, while 19 percent identified as Republicans and 27 percent as independents...
...rest of New York City's haute cuisine scene is languishing during the recession, there's at least one culinary quarter that's scaling new heights: the lowly pizzeria. From Williamsburg to the West Village, pizza parlors are going gourmet - importing real Italian chefs, embracing old-world baking techniques and using luxurious ingredients previously reserved for more conventional five-star fare...