Word: sectoral
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...really do that forward thinking.”With information saturation becoming the distinguishing trait of our current era, artists are not the only ones who recognize the need to keep pace with an evolving environment. As technology has innovated the world, the world—especially the sector which houses, supports, and encourages artistic creation—struggles with the question of how to innovate.“There’s an interesting institutional crisis related to how we’ve gone from an era where information was the main value proposition of most institutions?...
...Hopeful signs have indeed appeared. Retail sales are still growing at a robust 16% annual rate. The Purchasing Managers Index, an indicator of the health of the manufacturing sector, rebounded into positive territory in March after falling for months, indicating that industrial output may be expanding again. Home sales are also showing signs of recovery, as is lending. Even the stock market, which had plunged by some two-thirds from its peak in 2007, has clawed back 25% in the last few months. (See pictures of China's investment in Africa...
...stock market stormed up Thursday on good earnings news from the bank sector, but there was bad news on another front that could undermine the surge. The second round of the Federal Reserve's attempt to restart the nonbank consumer-lending market, the so-called TALF program, went even worse than the faltering first round did last month. The poor performance is causing some Fed officials to doubt the entire premise of the effort to restart nonbank credit markets. "We know there are people out there interested in putting subscriptions together," says a Fed official, "but the larger question...
...management with any sense is going to use the announcement of its first quarter earnings to say that the balance of the year will be better than expected. The general economic conditions are still so bad that trying to figure out sales in almost any sector beyond the next several months is a game of chance and a reckless...
...Buying and selling stocks is now based more on rumor and momentum than it has been at any time in recent memory. The last period like this may have been early 2000 during the Internet stock craze. This time around, obscure banks analysts can turn the market against the sector. News that Steve Jobs was seen at a 7-Eleven in Fresno can drive Apple (AAPL...