Word: selling
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...enjoy the official parts of being an author? Going out and meeting people? I actually do like it. I think I'm at the point where I probably don't have to tour. My books, I imagine, would sell okay even if I weren't out there hawking them. But on the other hand, that's the part that you don't get from a list of sales figures on a page. When you go on tour, you get to meet the people who are actually reading your books. You get to hear their stories about how [your] books affected...
...Overnight futures trading suggested that Wall Street would open to less bearish trading than the sell-off that fueled its 4.24% loss Monday. But observers warned against looking to daily, weekly, or even monthly market activity for signs of where they or the stocks traded on them are headed. The reason? First off, if the selling frenzies that sent indices plunging by roughly 50% over the past year were initially driven by fears of possible collapse of global finance markets, that panic is now mostly being inspired by the world's dismal economic outlook. Because of that, many experts...
...that self-fulfilling spiral also means relative calm can follow bouts of chaos. Though the causes of Monday's global sell-a-thon remain unchanged, by Tuesday markets had mostly digested it all - and began looking for ways to pick up, muddle on, and possibly find a deal to be had in dumped stock. One reason for the bargain hunting is that investors know inordinately depressed markets mean there are deals to be had. "Half of the companies on Paris' CAC 40 have seen their stock fall to less than their equity capital - which makes no economic or financial sense...
...that the third time was very near the peak of the real estate bubble. At that time, in 2005, her 3,000-sq.-ft. house was appraised at $185,000; she now owes about $159,000 on it. Real estate agents have advised her that she could not sell it for more than $145,000. Her debt is actually two loans, the larger of which was recently modified from an adjustable rate to a fixed-rate note at 9% interest. The second loan charges over 10%, and the two payments combined are slightly more than $1,400 per month. (Read...
...Obama, in presenting his mortgage plan, promised to distinguish between the sinners and those unlucky bystanders dragged down by the economy's undertow. His lifeline, he insisted, will not "rescue the unscrupulous or irresponsible." Delivering on that promise is vital to Obama's future, because hope is a tough sell to people who believe that only the wicked prosper. And though it's not easy preaching cooperation when the public is feeling tapped out and TARPed to death, Obama may not get a second chance...