Not exact matches
At various
points in the Clinton, Bush, Obama, and Trump administrations, new stock market records and historically low unemployment rates were used as a synonym for a booming economy, or after the
financial crisis, to signal that the economy was recovering — even though many workers and households experienced stagnating or steadily declining incomes for years or even decades.
And at some
point in late 2008, after the
financial crisis had hit, one investor told us, «Listen, the stock market is cratering.
The
financial crisis revealed the fallacy of the single -
point objective function of traditional business education.
Now it's inching back up, and it's tempting to regard the
financial crisis as a turning
point.
That would be the biggest one - day slump in stock market history, by more than double, besting the 777
point plunge that happened on October 29, 2008, at the high of the panic surrounding the
financial crisis.
Other pain
points included drug pricing and how approving more generics may affect costs (Gottlieb parried that question by noting the FDA doesn't have the authority to negotiate prices or consider pricing when approving a drug) and his alleged softness on opioid drug makers due the aforementioned
financial ties and pro-industry ideology (the nominee noted that he considers opioid addiction and overdoses a public health
crisis «on the order of Ebola and Zika»).
In the years ahead of the
financial crisis, Alan Greenspan, the former Fed chairman, systematically raised the benchmark rate a quarter
point every time he gathered the Federal Open Market Committee.
At this
point, it's not likely a question of «if», or even «when», the next
financial crisis will hit.
As the chart below shows, and as Yellen
pointed out, while layoffs and discharges returned to their historic levels rather quickly after the
financial crisis, hires are still far below pre-recession levels.
Industrial morale increased to 111
points - the highest figure seen since before the
financial crisis.
We could try
pointing to the 2008
financial crisis for an explanation, but that affected everyone.
Our findings have important implications for how policymakers should respond to the next
financial crisis, which will inevitably occur at some
point because
crises are an inherent part of our
financial system.
So let me just
point out that the growth of the population of companies slowed dramatically in a number of countries in the wake of the global
financial crisis.
He
pointed out that the failure of two or three such institutions would put us in «Lehman Brothers territory,» referring to the investment bank that filed for bankruptcy in September 2008, precipitating the
financial crisis.
But any responsible economist has to recognise that, past a
point, it can lead to some combination of excessive foreign borrowing, inflation and even
financial crisis.
For many large shareholders, the 2008
financial crisis was the turning
point that led to greater collaboration with activists.
Since the
financial crisis, EU countries» economies have recovered to the
point that they are exiting their adjustment programmes.
As Paul Krugman
points out Reifschneider, working with John Williams and using the same FRBUS model, concluded that the ZLB was only a very small issue less than a decade before the
financial crisis led to an 8 year stretch of zero rates.
You can see at the moment we're sitting at around $ 2 billion but at one
point in time we were up at over $ 16 billion and that was in the middle of the
financial crisis.
Speaking by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate by a quarter
point to 0.25 percent next month, matching a record low set in 2009 during the global
financial crisis.
The second and third
point is irrelevant because it only addressed current debt relative to
financial crisis in the immediate future.
He also used the 2008
financial crisis and the idea of black swan events to
point out that if a broken system is allowed to fail, it actually strengthens it against the catastrophe of future black swan events.
The Baring
Crisis of 1890 is
pointed out as the first modern international emerging
financial crisis.
Michael Hewson, Senior Market Analyst at CMC Markets in London, says Carney has gained a lot of «brownie
points» for his handling of the
financial crisis, given that Canada was the only G7 country that did not have to receive a banking bailout during the
financial crisis that started in 2008.
«If the
financial crisis taught nothing else, it showed how elegant
financial models that calculate risk to decimal
point precision act like a sedative towards critical thinking and even common sense» Allan Mecham
But Taleb
pointed us to the years of easy monetary policy brought on by central banks since the
financial crisis.
In recent months, the yield on US corporate bonds, especially investment - grade securities, is a little more than 100 basis
points compared to the yield on government debt, dropping within striking distance of the lows seen post the 2008
financial crisis.
A couple of weeks ago I posted some information about the «Great Depression of 1873 - 1896 ″ to make the
point that there was no depression, great or otherwise, during this period, but that the period did contain some
financial crises / panics.
Finally, I feel it would be irresponsible for me not to
point out that there are schools of thought (ones that are becoming somewhat more prominent in light of the
financial crisis) that do not accept a lot of the limits and boundaries of neoclassical economics.
Eight years after the global
financial crisis, four factors that hampered growth are reaching inflection
points.
The trade upheaval threatens to undermine an American economy that is at its strongest
point since the
financial crisis struck a decade ago.
Yet when the markets have not performed as well — such as during the 2000 - 2002 tech - market bust and the 2008 - 2009
financial crisis — our research shows that US large - cap active managers outperformed their passive peers by 471 basis
points and 100 basis
points, respectively.
The study shows a steady decline since 1997 when it was at 13 percent and, predictably, it dropped to its lowest
point of 6 percent in 2008 at the beginning of the
financial crisis.
Individual investors are relatively less skillful during and since the
financial crisis than before (break
point at end of 2007).
For
point of reference, the VIX hit around 60 during the 2008
financial crisis.
Determining a particular inflection
point for inflation remains problematic, given the persistent structural forces that have suppressed prices since the global
financial crisis.
Morgan Stanley recently calculated that expectations for stock returns are at their lowest
point since before the
financial crisis.
Our departure
point is the structural, economic and
financial crisis, with all the practical and ideological consequences which we can draw from it for our action programme.
Those who are doubtful
point to the deepening misery of the poor, the loss of traditional values and community relationships, the looming ecological
crises, and the structural dependence of prosperity on decisions made in
financial centers in other parts of the world.
Deluded manager plus greedy board has created a
crisis at arsenal with third rate players being paid first rate wages to keep them loyal and drugged up fans like yourself overdosing on 4th place high... True fans want change when they see the club going in wrong direction not a string of drug crazed platitudes from tribal loyalists who are so deluded themselves that they actually believe the blame for the
crisis lies with the people who have been
pointing to its causes... Do you think
financial crises only happen because people start warning about overlevaraged banks, the speculative and fraudulent behaviour of their overpaid employees and the indulgence of their massively overpaid senior management... Pathetic comment
Just two league wins all season and with safety now four -
points out of reach following their ninth defeat of the campaign, the last thing disgruntled Blackburn fans wanted to see were reports of a
financial crisis at the club in the national newspapers.
Because Labour happened to be in government when the
financial crash hit, the Tories were able to effectively blame the
crisis on the main
point of difference between the parties: Labour's higher spending on the welfare state.
Mr. Cohn - Bendit began the debate by characterizing the current climate as «a turning
point in European history, because the European Union is confronted with one of its most serious
crises, caused by the
financial crisis».
You are right to
point to our significant
financial contribution of # 900 million to help the governments of Syria, Lebanon and Turkey cope with the regional refugee
crisis, a contribution you have recently increased by a further # 100 million.
Perhaps, if a decade after the start of the
financial crisis avowed free marketeers still have no convincing rebuttal to these arguments, it's because the left has some solid
points.
In remarks clearly aimed at the National Front at home but also
pointing to the wider problem in Europe after four years of
financial crisis, Hollande warned of the twin threat to Europe from the forces of «nationalism and populism».
«The health service will face a
financial crisis within a matter of years that will threaten the very values we hold so dear - of a comprehensive health service, available to all, free at the
point of use and based on need and not the ability to pay,» he concluded.
The deficit poses an «existential threat» to the UK economy, he said,
pointing to the
financial crisis affecting some heavily indebted European economies.
He writes: «Our starting
point must be the acceptance of this uncomfortable political reality that the public has accepted the [coalition] government's explanation of the
financial crisis.»
The global
financial crisis of 2008 would be seen as a turning
point on par with the winter of discontent of 1978 (after which Margaret Thatcher persuaded Britain that «the state and the trade unions had grown too powerful and that markets needed to be given free reign») and on a par with the establishment of the welfare state in 1948.