Word: strategist
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...Obama wins, big," said Greg Valliere, chief political strategist for Stanford Washington Research Group. "He needed a victory. The GOP got some sound bites for 2010 if this doesn't boost the economy, but they looked obstructionist and negative." Still, if the $789 billion stimulus was a tidal wave, the next item on Obama's to-do list is a tsunami - a $2.5 trillion bank bailout. Fortunately for the President, little of that plan requires congressional action. Unless - or until - the Administration ends up needing more money for it, at which point no one will expect Congress to move...
What that means to you: "If you're looking for an apartment or want to renegotiate your lease, you should keep in mind that you have bargaining power," says Hans Nordby, U.S. strategist at Property & Portfolio Research (PPR), a real estate intelligence outfit...
...table and screaming. And yet the early signs of how he will be running things at the no-drama Obama White House are auspicious: Emanuel, 49, has run the smoothest presidential transition in modern history. Obama "is thrilled with him," says David Axelrod, the President's chief political strategist. "He has said he's sure he made the right decision on this...
...employed in export factories, will eventually allow the yuan to depreciate, forcing all other Asian countries to do the same to keep their exports competitive. "If conditions do worsen, then every lever in the Chinese toolkit will be pulled" to muster a recovery, Walker says. Michael Hartnett, an international strategist at Merrill Lynch, recently told TIME that his potential big "surprise" for the world economy in 2009 is a surge of cheap exports from China, "causing some flare-up in terms of protectionism...
...Nikkei hit rock bottom on Oct. 27 at 7162, and some of the more bullish market analysts say it won't see that level again. But as corporate profitability continues to plummet and the global economy worsens, stock-market analysts are waiting for a catalyst. Tsuyoshi Nomaguchi, strategist at Daiwa Securities in Tokyo, says Japan's stocks are not comparatively cheap but are in the "attractive zone," and once recovery measures in the U.S. take effect in the middle of 2009, Japan's stock prices will rise on anticipation of economic growth. "Japan is falling behind [other nations] in implementing...