Word: sentiments
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...necessary as those moves may be, the stock market - the most visible gauge of investor sentiment - has not been convincingly reassured. Why doesn't the news of government's quick and sweeping response stop the slide? "The news has got nothing to do with it," says Jeffrey Saut, chief investment strategist at Raymond James. "What it is, is a sequence of events that have brought us into crash mode." Saut traces that sequence of events from the nationalization of Fannie Mae and Freddie Mac, which wiped out the stockholders of those institutions, to the collapse of Lehman Brothers, which...
...that mocking Paris Hilton was a novel and exciting idea. “I resent being forced to gush,” Sidney whines to Clayton in one of his many tirades about how he wants to skewer celebrities, not pander to them. But the movie deals with his sentiment in such a tedious way that it fails to say anything new. These days, the celebrities-are-fake angle isn’t exactly revolutionary. Furthermore, the film’s attempts to add sophistication to this observation by intellectualizing its protagonist—Sidney’s dad surfaces...
...reverent formalities of this ancient rite no doubt seem strange to the Harvard of today. But its plaintive sentiment echoes with only too much resonance in the heart of the conservative on campus. How beautiful is this house of learning—the idyllic ivied quads, the scholarly seriousness, the august history of a three-century-old institution. But it has since been despoiled. Traditions usurped, curricula disemboweled, and the noble goal of all intellectual endeavors—the pursuit of truth—unceremoniously renounced. The Ark has been carried away and reposed in Babylon...
...loaded with so many pork barrel projects.) Upstate New York and the rest of the Rust Belt has been hit particularly hard by the economic downturn, with the region still reeling from the loss of manufacturing jobs over the past several decades. It is fertile ground for anti-corporate sentiment, and Kryzan is tapping it to attack Lee, who is running on his business background; he worked for his family's business, an engineering and technology firm from which he made millions when it was sold to an international conglomerate in 2007. Kryzan says her work as an environmental lawyer...
...Masaaki Kanno, chief economist at JPMorgan Securities in Japan, summed up the frantic day in Asia. "Investor sentiment is in panic," Kanno said over the prospect of the spreading financial crisis dragging the global economy into a severe recession. The latest economic indicators are fueling this loss of confidence. For example, Japan's corporate bankruptcies jumped 34% in September, the largest increase since 2000, according to Tokyo Shoko Research...