Sentences with phrase «of financial downturn»

At the height of the financial downturn, the Westport News featured The Good Search CEO Krista Bradford on its front page, praising her ingenuity in helping unemployed executives.
It has been five years since the beginning of the financial downturn that would come to be called the great recession of 2008 - 2009.
The current crisis is not a result of the financial downturn, but the arrogant decision to construct an unnecessary, vanity building under egregious financial terms.
Even in the U.S. the impact of the financial downturn seems on course to outweigh any benefit of price decreases.

Not exact matches

Take the case of Lehman Brothers, the financial services firm that collapsed in 2008 and played a big role in the global economic downturn.
But the downturn in the 1980s was caused by the sudden and massive increase in interest rates by the Paul Volcker - led Federal Reserve, not a meltdown of the global financial system.
Mostly, that's because the richest households tend to hold most of their wealth in financial assets, whose value increased rapidly after the downturn, while poorer folks have a much larger share of their net - worth tied up in real estate, whose value didn't bottom out until the end of 2011, Pew researchers note.
You'll have more leeway to meet goals even in the face of unexpected problems like a market downturn, job loss or illness, said certified financial planner Evelyn Zohlen, president of Inspired Financial in Huntington Beach, Cafinancial planner Evelyn Zohlen, president of Inspired Financial in Huntington Beach, CaFinancial in Huntington Beach, California.
In fact, this kind of negotiated tax increase might be a far preferable outcome for the world's savers, investors and high - income earners than the increasingly likely alternative: persistent uncertainty over the global financial system or the consummation of that uncertainty in an asset - value - destroying economic downturn.
John Winter, president and CEO of the B.C. Chamber of Commerce, says that some «seniorpreneurs» are would - be retirees that fell on hard times during the financial downturn.
What will make this recession worse than average is not the fact that a couple of additional industries are affected, but that the extreme speculation and excessive debt of recent years will propagate the effects of this downturn through the financial system.
To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial system as well.
Subsequently, the global financial downturn in 2008 had the effect of making these three - year goals virtually unachievable only a few months into the three - year performance period.
The Dodd - Frank Act, which itself made matters worse rather than better in the wake of the government - fueled financial downturn of 2008, explicitly empowered the Securities and Exchange Commission (SEC) as the agency to formulate rules relating to investment advisers who offer «personalized investment advice about securities to a retail customer.»
Amazon Editorial reviewsProduct Description A practical guide to preparing for the next phase of the financial meltdown From the authors who were the first to predict Phase I of our current economic downturn - in their landmark 2006 book, America's Bubble Economy - comes...
The depth of the downturn in 2008 led to deleveraging and risk aversion in the financial and household sectors.
Since the advent of the Federal Reserve there have been longer periods of apparent stability followed by much greater financial crises and economic downturns (the three most severe peace - time economic downturns in the US (the downturns of the 1930s, the 1970s and the 2000s) occurred since the birth of the Fed).
«Investors felt the pain from the 2008 financial crisis, but our study indicates many are not prepared for another significant downturn and the impact it could have on their retirement,» said Paula Nelson, president of retirement services at Global Atlantic.
These include, but are not limited to, a bear market in financial assets, a downturn in the global economy, continued currency turmoil, and of course, bullish supply - and - demand fundamentals.
«Most investors tend to be either eternal optimists who believe that they can see the downturn right before it happens, or those who admittedly know little about investing,» said Rob Drury, executive director at Texas - based Association of Christian Financial Advisors.
A poorly - timed and unsuccessful expansion of its Pollo Tropical brand has only exacerbated the financial downturn for Fiesta.
Once an economic expansion ends, however, the amount of built - up leverage (debt used to buy assets) in the financial system typically helps determine how bad a subsequent downturn might be.
Forced selling helped create the kind of severe downturn we saw during the 2008 financial crisis.
But if the main reason you're investing in gold is for protection of your financial assets during an economic downturn or «Black Swan» type event, it hardly makes sense to place your trust in the banking system.
«Market downturns are precisely the reason for and the engine behind dollar cost averaging,» said Rob Drury, executive director at the Association of Christian Financial Advisors.
The lesson that recovery from a downturn associated with a period of financial excesses almost always proves to be a slow one has been learned once again.
It was one of the major contributing factors to the 2008 financial downturn / recession.
«Many Millennials began their adult lives in the midst of the worst economic downturn in generations, and our survey reveals just how deeply and broadly the Great Recession has marked the financial lives of this generation of Americans, said FINRA Foundation President Gerri Walsh.
While most financial advisors have traditionally advised saving three to six months of your expenses, the downturn in the economy has made some people more cautious.
The crisis showed us how financial imbalances in one sector of one economy could be amplified and propagated across the entire financial system, leading to the worst global downturn since the Great Depression.
A decade after having proclaimed the «end of history» and the arrival of a new world order of prosperity based on «democracy and the market», globalised financial capital has subjected the majority of the planet's working populations to the burden of international recession, which has spread out in leaps and bounds, from Asia: recession and deflation in the world's second economy, Japan; recession and even depression m various east Asian countries, since the first quarter of 1997; the collapse of the Russian economy six years ago and financial bankruptcy in July 1998; brutal recession in the leading economy of Latin America, Brazil; the beginning of the downturn in the economies of the OECD countries.
The World Food Programme has urged countries to step up and allocate to urgent hunger needs a fraction of what is proposed for financial rescue packages to address the global economic downturn.
Then, came the financial downturn of 2008 and the focus was taken elsewhere.
I'm not saying we're Spurs (we have FAR more pull) but the fact is we are not (yet) the biggest club in England and we're still recovering from a financial downturn as part of our investment in the stadium.
Therefore, transfer activity is expected to be very limited at CSKA in the upcoming years as the cost of paying off the stadium debt combined with the general financial downturn of Russian football in recent seasons and Financial Fair Play bifinancial downturn of Russian football in recent seasons and Financial Fair Play biFinancial Fair Play bites hard.
These changes are an opportunity for public affairs companies although he argues that, in Brussels as elsewhere, the economic downturn is going to be the most important driver for public affairs activity in the coming 12 months, not least because of pressure for EU - wide legislation affecting the financial markets.
The global financial downturn has left the idea of unregulated markets in «profound crisis», Cabinet minister Ed Miliband has said.
During the presentation, panel chairman Richard Halverson, a former assistant deputy director of the New York City Financial Control Board, said the main cause of the county's deficit is the economic downturn, which created slumping sales tax revenue.
A breakdown of the results suggests Labour's falling support can be traced back to the Budget and the wider financial downturn, with Labour losing voters» economic confidence.
The housing sector in Scotland is continuing its recovery from the effects of the international financial downturn which impacted on both housing developers and would - be home buyers and increased pressures on living standards across households generally.
The collapse of US banking giant Lehman Brothers in September 2008 precipitated a worldwide financial crisis which by 2009 had developed into a serious global economic downturn.
But in a series of negative pronouncements on the expected economic downturn, he said the global financial turbulence was a wake - up call for every economy in every part of the world.
Based on an article Henwood, K. Shirani, F. and Coltart, C. (2010) «Fathers and financial risk - taking during the economic downturn: Insights from a QLL study of men's identities - in - the - making.
Intimating the continuing grim state of the British economy, Mr King said: «In the wake of the financial crisis, and the sharp downturn that followed, the amount of money in the economy as a whole - broad money - is now barely growing at all.
If there is a downturn in the financial services industry, there is an economic downturn in the city and state of New York.
This provides the lifeblood of the University and it is possible that the financial downturn will even work to our advantage, if other scientific research institutions find themselves unable to recruit at this difficult time.
In 2008, Europe entered a period of unprecedented financial crisis following a global economic downturn.
Yet that doesn't reduce the impact of this documentary from director Jed Rothstein, which probes the unscrupulous behavior of U.S. hedge funds and investment banks in the aftermath of the 2008 financial downturn, when they exploited loopholes such as reverse mergers and short sales to fraudulently manipulate domestic markets.
While the global financial crisis and economic downturn have made these tasks even more challenging, they have also underlined the fundamental importance of the role.
Similarly, with the financial demands of California's government pension systems just one more market downturn away from completely crippling local governments, bipartisan support for dramatic pension reform is inevitable.
a b c d e f g h i j k l m n o p q r s t u v w x y z