Word: crisises
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Despite June 15th's market weakness, investment managers are optimistic that stocks will not head back to their March lows, since the scariest part of the financial crisis appears to be over. That said, most do anticipate an ongoing correction that might take stock prices down another 10%.
See the top 10 financial-crisis buzzwords.
Ironically, that dire forecast is wrapped in an improving forecast for nationwide home prices. Back in March, Deutsche Bank analysts had expected national home prices to decline 16.5%; now they foresee just a 14% decline. That mildly upbeat news does not hold true for the New York City area, however...
To arrive at their forecasts, the Deutsche Bank analysts, led by Karen Weaver, assessed several leading variables, with affordability being a key driver. The pronounced decline in home prices across the nation, coupled with a downward drift in interest rates, has greatly improved nationwide affordability, the report noted. Indeed, in...
Apart from the Iranian electorate, Khamenei has a couple of very important constituencies to deal with. Indeed, while most people describe Khamenei as the unelected leader of Iran, he was chosen by a small but critical institution, the Assembly of Experts. He must also deal with the Guardian Council, which...