Word: strategists
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...financial system, the catalyst for Wall Street's plunge. Japan's Nikkei Index fell 4.1% on Sept. 30; after declining in early trading, stocks in China and Hong Kong eked out small gains. "The reaction was not as bad as I had feared," says Dariusz Kowalcyzk, chief investment strategist of CFC Seymour, a boutique investment bank in Hong Kong...
...beginning of what looks to be a long and painful economic unwinding for Asia. That's because exports to the U.S. are crucial for economic growth in many Asian countries. A bailout "does not address the decimation of the wealth effect of the U.S. consumer," says Kirby Daley, senior strategist at Newedge Group, a financial services firm based in Hong Kong. Nor can a bailout replace all the liquidity that has evaporated from global financial markets, which made it cheaper for companies to borrow money to build new factories, buy new equipment or expand into new territories. "We will never...
...reaction was not as bad as I had feared," says Dariusz Kowalcyzk, chief investment strategist of CFC Seymour, a boutique investment bank in Hong Kong. In London, David Buik, a partner with BGC Partners, sees it similarly: "After the horrendous response we saw on Wall Street and elsewhere, I think coming in around even in Europe represents a wonderful...
...campaign aside from his personal appearances continue unabated •says he has "not had a chance" in three days to read administration's 2½-page bailout plan •sits quietly during White House meeting he suspended his campaign to attend •suspension of campaigning assessed by Republican strategist as "desperate and nuts...
Whether hot or cold, says Steve McMahon, a Democratic strategist who helped steer Howard Dean's meteoric 2004 campaign, Obama would be wise to keep a few scraps of advice in mind. First, he should keep his answers crisp. "I would tell him to go back to his appellate argument skills and answer the question like he's answering the judge, so he doesn't bury the lead," says McMahon. "In law school, there's an old adage: answer the question first, then explain it. When you're a gifted orator, as Obama is, sometimes you explain your answer while...