Word: stockely
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...trust diminishes, so too do transactions. In a Chicago Booth/Kellogg School survey carried out late last year, trust in the stock market was considerably lower among those planning to take money out of it than it was among those intent on leaving their investment alone or even increasing it. Moreover, after controlling for investors' expectations of how the market might perform in the future, trust levels had a positive influence on the decision to invest more in the markets, the survey found. (Find out 10 things to do with your money...
...Here's the bigger problem: hiding money underneath the mattress risks making the financial system less efficient. And withholding investment from the stock market will depress company valuations. In other words, "if trust has been significantly affected by the crisis," Howard Davies, director of the London School of Economics, said in a lecture last month, "it will have damaging consequences for investment and growth in the future." (See pictures of the financial crisis in London...
...initial step, Sarkozy has already announced a $47 million project to significantly enhance the Paris region's aging public transport system, which is swamped by 10 million riders every day. In addition to extending existing lines and modernizing rolling stock, the plan calls for the creation of a 90-mile (145-km) automated rail system circling Paris. By connecting the clusters of suburban business centers like La Défense to the residential areas surrounding Paris, the new elevated Métro will allow suburban commuters a direct route to work, instead of their current over-crowded daily slog through...
...impossible to find, except in bootleg editions. The rumor that surfaced last week about Time Warner possibly buying NBC Universal was cheered by FOOFs, because then those two invaluable archives would be under Feltenstein's loving aegis. If the rumor isn't true, couldn't the Paramount-Universal films stock another channel? As TCM has proved, you can make money by showing old movies that shine like...
...second quarter and 2.8 percent in the third quarter of 2009. But despite the encouraging projected trend, economists said that the news was far from positive. “We don’t appear to be in free fall anymore,” said James H. Stock, the chair of Harvard’s economics department, who also helped develop the methodology behind the index a decade ago. “But we’re probably going to see continuing declines in Massachusetts for at least several more months.” In contrast to the figures...