Word: slump
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...appealing as the flexibility and services of upmarket leasing are, ownership of luxury goods is, for some, an investment that they expect will pay off in the future. But with tastes in fashion ever evolving, real estate markets in a slump and "it" vacation spots changing as fast as Paris Hilton's bff, there's less assurance that your investment will prove profitable. "If you want to go places, get looked after and have a real vacation, let somebody else make the profit on the real estate and take the risk," says Mitchell. After all, that's what the good...
...Just as important is the current slump for so-called "sub-prime" lenders - who service borrowers with damaged credit ratings, typically on the lower end of the income scale. The shares of companies that specialize in such loans has fallen as default rates have risen...
...those papers. General Electric Chairman Jeffrey R. Immelt told the New York Times in a November interview that Wright was “getting close to retirement,” and then proclaimed himself a “Jeff Zucker fan.” Recently, NBC suffered a slump in ratings that temporarily put it in last place among the four major networks. But the network is now rebounding after the introduction of new shows that cater to a young audience, such as “Heros” and “The Office.” As president...
...Emboldened by a 130% rise in the Shanghai Composite Index last year-which made Shanghai one of the best-performing exchanges in the world-starry-eyed speculators and first-time punters like Du have been storming into Chinese stocks, ending the market's five-year slump and in recent weeks pushing daily trading volumes to all-time records. Last year, some 2.4 million investors began trading stocks through the Shanghai exchange, a 250% increase in new accounts. That's an average of about 7,000 per day, a flood of fresh blood from san hu (as the Chinese call small...
...molten market. And that certainly describes China today. Emboldened by last year's 130% rise in the Shanghai Composite Index--which made Shanghai one of the best-performing exchanges in the world--first-time punters like Du have been storming into Chinese stocks, ending the market's five-year slump and in recent weeks pushing daily trading volume to new records. They are ignoring the stop signs raised by market experts and government officials, who warn that a correction might be coming...