Word: recoverable
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Dates: during 2000-2009
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Unless, as O'Neil's thinking goes, he can make something happen in the stock market. So he spends much of his day watching CNBC. "Right now, I want to know which area of the economy is going to recover first. Will it be retail? Commodities? Energy?" says O'Neil...
The solution: a new type of insurance. Retirement savings, it turns out, are exactly the type of asset we need insurance for. We need insurance to protect against risks we can't predict (when the market collapses) and can't afford to recover from on our own. "People tend to...
You also followed a large group of Canadian college students and found that those who graduated during a recession initially suffered significant earnings losses, around 10%, and it took eight to 10 years for that effect to fade. Why do they take such a big hit and for so long...
Others are not so sanguine. HSBC's China economist, Qu Hongbin, worries that his country is full of manufacturers trying to hang on while waiting for overseas demand to recover. "There still is hope that we'll go back to the old days," Qu says. But "demand in the future...
Today, the hitter, who was blessed with 20/15 vision before the accident, says, "My eyes are starting to sync up and track." To look around, Wilhite must turn his upper body, not his neck. "Will he have a 100% recovery?" asks Bhatia. "No, he will never be back to where...