Word: stockings
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...Fleiss seems to be basking in the buzz of the past week ("It's the first time in a long time that people have something to talk about other than the stock market"). He also believes the emotional outcry that has accompanied the show's dénouement points to a passion that a new wave of reality-TV contestants is inspiring. At one time, he says, it was next to impossible to recruit plausible contestants, or even hosts, for reality-TV projects. But as the genre has become increasingly mainstream, producers have been able to find people...
...that most investors, both institutional and individual, have lost a large portion of their stock market holdings, all that most people want to know is how they can get their money back. The easy answer is that they probably won't get their money back, at least not over the next five or ten years. But, that kind of answer is never satisfactory...
...forces now weighing on the market are housing and bad bank assets. Will investors need to see resolution on those fronts before bidding stocks higher? You'll need to see three things for the stock market to improve: 1) toxic assets taken off the bank balance sheets so banks can start lending, 2) some stabilization of house prices so that people don't feel they'll be better off waiting a month before they buy. 3) unemployment stops rising so that people start feeling more secure about their jobs. I think you'll see those three things begin to take...
...economy does get a stimilus lift, how will that play out in the stock market? I don't think the United States is going to grow faster than 3% at any time in the next five years. So we're not going to have the same kind of growth we had in the '90s, which was technology driven. And the decade we are currently in was really credit driven. As for this economy, I can't see where the big thrust is going to come from, so it's going to be a very slow growth recovery, and that means...
After a one-year 50% drop in the stock market and the fastest, deepest spate of job losses since 1974, Americans have a lot of data to support their sense that the country's economic house is crumbling. The last thing they want to hear is that the man charged with the reclamation project doesn't have a crew ready to start work...