Word: reaction
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Dates: during 2000-2009
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...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...
...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...
...more sensible explanation for the panicked reaction in other markets to the tailspin in Shanghai is that it was simply an excuse to take some money off the table. The Dow Jones industrial average, for example, had recently hit all-time highs, having gone up for five straight years as U.S. corporate profits soared. There hadn't been a single day in nearly four years in which U.S. stocks had fallen even 2%, an unusually long absence of volatility. Likewise, markets from India to Singapore to Russia had been on a historic tear. Against this backdrop, China's sudden return...
...guilty desire and bought the March issue of Cosmopolitan. Whenever I pick up a copy of Cosmo, my immediate impulse is to pull the magazine close to my chest and to look around to check that no one I know is present to witness the act. This reaction must be a throwback to the grocery store checkout lines of my youth in which my gaze at the magazine’s dirty cover was liable to ignite a rant from whatever adult I was with on the decline of modern society...
It’s been a while since I’ve read it, though, and I guess I’ve grown up a bit since the last time I did, because my reaction to the March edition was that Cosmo is not the glamour puss monthly I had previously thought, but a magazine for tragic women. Madame Bovary would surely have subscribed if she could have...