Word: hoarding
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Points of Interest. It doesn't do you much good to hoard all those Delta SkyMiles, when the only airline with a direct flight to your destination is American. So, check out Points.com's Global Points Exchange, where you can post an offer to trade your points and search for someone who has the frequent flyer points you need. The website will execute the exchange...
...growth with a stronger domestic economy grounded by greater consumer spending. Two things need to happen: real incomes need to grow for all Chinese consumers (not just those working in urban areas). And consumers have to feel secure enough to spend more of what they make, rather than hoard...
...Because interest rates are at zero. We've injected all this money into the banking system and banks have lost so much capital that their inclination is to hoard capital. It's going to be very hard to get it out the other end. That happened in 1932. By 1932, the Fed finally realized it had to do something, and there was a very large open-market operation - basically, buying bonds - and recapitalization of the banking system, and that stopped the run on the banks temporarily, but credit continued to decline...
...companies drawing down existing credit lines - agreements banks had made in better times and now couldn't renegotiate. In fact, there was plenty of anecdotal evidence in the business press to suggest that was exactly what was happening, that companies were locking in funding not to invest, but to hoard cash for worse times ahead. It wouldn't be hard to imagine regular people doing the same thing with home equity lines of credit. When it came to lending between banks and the commercial paper market, the economists pointed to a shift toward shorter-term lending. Even if overall volumes...
...bringing in coveted recruiting classes. At Seton Hall, after taking his team to the Sweet Sixteen, he boasted the No. 2 recruiting class in the nation in 2000. This year, it’s more of the same. Even without Van Nest, the team will have a hoard of talent, led by freshman Max Kenyi, Amaker’s other three-star recruit. The squad would have been even meatier had Amaker retained his top recruit, center Frank Ben-Eze, but the first-year instead committed to play with senior sensation Stephen Curry at Davidson, last year?...