Word: rebounds
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...rise in the rate of unemployment would have to be reversed almost immediately, and the sales in the private sector would have to make an unprecedented rebound if the Administration is to have any chance of holding the line at a $1.8 trillion. Neither of those things is going to happen. (See pictures of the global financial crisis...
...supposed to slow. If so, May should be the last month that the figure can rise by more than 500,000. If June is much worse, then the recovery is hardly taking hold. Second quarter earnings for banks will have to be relatively strong or the hope of a rebound in the sector, which the "stress tests" indicated is possible, will dwindle. Investors may begin to think that the test criteria were too liberal. If that happens, the public's faith in the capacity of the federal government's ability to find systemic problems in the financial sector and solve...
...real economic activity is likely to remain below its longer-run potential for a while," said Bernanke in his testimony to the Joint Economic Committee on Tuesday. That means unemployment will keep rising even after the economy has stopped shrinking. And if unemployment keeps rising, consumer spending won't rebound strongly, bank-loan losses will keep rising and a recessionary relapse isn't out of the question. The next monthly employment report, due Friday, is expected to show continued heavy job losses. So no signs of a reprieve from that quarter...
...game goes.”Despite the bad bounces and the unlucky hits, Harvard ultimately ended its 2009 campaign with a winning record. While there were tough times—particularly this weekend’s home sweep by Dartmouth—the Crimson’s ability to rebound and correct its mistakes indicate that this season will likely go down as one of positive rebuilding for Harvard.“I’ve loved every second of [this season] and I’ve had a great year,” Vertovez said...
...There is still a limit to how far Asia can rebound on its own. Demand in the U.S. is simply too important to Asia's export machine for the region to experience a full recovery without an increase in American consumer spending. There are recent signs, however, that U.S. demand might also be poised for a rebound. The Conference Board's consumer confidence index rose in April by the most since 2005, signaling that American shoppers might be ready to start buying again. The U.S. government also revealed in late April that inventories in the U.S. fell by a record...