Word: short-term
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...economy is still growing, exports are still growing, there's no need to panic. Past history shows that when we have political chaos it tends to be short-term and with limited impact on the economy. But if Thaksin comes back after the election, it will be difficult for him to rule legitimately. This is the big problem that creates all kinds of uncertainties. Whatever decision or policies the government makes, there's always the feeling that it could be reversed after he goes. It's going to affect the ability of Thaksin to govern, and businesses will factor this...
...could brief them on the New York race, her probable opponents, the G.O.P.'s history of using every weapon and tactic against her and the plans for raising money through personal appearances and on the Internet. Participants reported that each presentation was focused on 2006, and organizers underlined their short-term focus. The day was capped by a dinner party at a Georgetown mansion where Clinton spoke after her husband introduced...
...decide that a 2% real yield just isn't enough," says Joe Shatz, a bond analyst at Merrill Lynch. If that happens, demand will fall, and TIPS holders will take a hit. Shatz advises waiting for an after-inflation yield of 2.5%. Until then, a short-term bond fund or bank CD will do nicely...
...around the Big Easy, that's the other big if. Task Force Guardian is the group within the U.S. Army Corps of Engineers charged with making short-term repairs to the levee system by the start of storm season. To date, the Corps has signed nearly $400 million in repair contracts. All around town its crews can be seen working to restore levees, fix flood walls and install interim floodgates and bypass pumps. But for months the mantra around New Orleans has been that in the longer term, the city must have more--namely storm protection sufficient to resist...
...point in the economic cycle that tends to favor the biggest of the big. Short-term interest rates are up, which is especially hard on small companies that do not enjoy the same access to cheap borrowing as large ones. As higher rates slow the economy, earnings at small firms should decelerate quickest. And as earnings slow, the dividends that blue chips pay will become increasingly attractive...