Word: result
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...result - a deflationary bust - is evident everywhere. On Thursday morning crude-oil prices - as good a barometer as any for global economic activity - plunged below $50 a barrel. In July crude peaked...
...Merrill Lynch economist King argues, it's likely that the deflationary forces will intensify as the result of a vicious cycle. As economic conditions deteriorate, bank lending naturally declines because the number of credit-worthy borrowers - whether corporate or individual - shrinks. In other words, financial institutions that got into their current egregious situation by making bad loans aren't going to recover by making more bad loans. Thus a declining economy leads to contractions in lending, which further dampens demand...
...result, hardly anyone is expecting a big snapback in the first quarter of next year. Then again, nobody really knows what to expect. There's far less consensus among economists about the first quarter than about the one we're in now. Some (Merrill Lynch's David Rosenberg is an example) think it will be even worse than the current quarter. Others (the majority) think it will be better. But none of that means very much, given that economists are close to hopeless at predicting that far into the future in times as tumultuous as these. It's the performance...
...result, Luft quickly emerged as the Crimson’s second receiver behind Mazza...
...earn enough to eat meat even." Now the specter of deprivation is emerging again. Plastic bottles, which sold for $1,175 to $1,300 a ton as recently as the summer, are now trading in the $300-to-$450-a-ton range. Zhang claims that as a result of the downturn in scrap prices, the losses sustained by some of his neighbors have ranged from...