Word: slowdowns
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Dates: during 1990-1999
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...consensus on Wall Street and in Washington, where, in both places, it is undeniably lucrative to be bullish, is that Monday was the mistake; Tuesday set things right. The believers in this sort of "new economy" school see the sell-off as an overreaction to an economic slowdown in Asia, a development that heralds only a modest drag on the U.S. economy and the earnings of U.S. companies...
...some 20% of the nation's lending has been done by especially aggressive, largely unregulated nonbank financial companies. Most of these "fin-cos" are headed for extinction. It's a recipe for a flood of bad loans and higher interest rates. The economy there is headed for a slowdown, possibly a recession, in short order...
Hong Kong will have a harder time divining any benefits from its predicament. Analysts expect the roiled markets to spell high interest rates, sending the Chinese enclave's crucial property market into a tailspin, leading to economic slowdown, lost jobs and continuing trouble for other nations in the region, particularly Japan, which has a big investment in Hong Kong and other Southeast Asian real estate...
...Group, a New York City-based money-management firm. "But there will be all kinds of compromises. That implicitly means the euro is going to be a weak currency." Britain is expected to fare marginally better than the Continent, with 1997 growth of 3.4%, and 2.4% in 1998. The slowdown will result from a need to squelch inflation, running at about 3% this year and headed for 4% next year...
...This slowdown in judicial confirmations is not due to congressional lethargy. Just the opposite. With Republicans firmly in control of the Senate, many of the party's theorists feel they have the power--and the rightful mandate--to implement the ideals of a conservative revolution that lost its focus in recent years. So they have been not so quietly pursuing a historic change in the ambiguous "advise and consent" role the Constitution gives the Senate in the selection of federal judges. The successful assault by Democrats on Ronald Reagan's nomination of Robert Bork for the Supreme Court helped open...