Sentences with phrase «year of the financial crisis»

Even the most popular explainer in recent years of the financial crisis — «The Big Short» — had to employ non sequiturs with celebrities explaining ideas like mortgage - backed securities and credit default swaps to communicate how it happened.

After more than two years of financial crisis, international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.

This is the highest level since 2009, which was the worst year of the financial crisis.

But the eurozone economy is still weak overall and recovering only slowly from years of financial crises and recessions.

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».

Last month Unicef warned that the UK's spending cuts meant that more children would grow up in poverty, reversing Britain's more positive performance in the early years of the financial crisis.

That's not to say that stocks go up all the time — quite the contrary: The S&P 500 lost 38.5 percent in 2008, the peak year of the financial crisis.

Indeed, the CPA says that of those who had a particular retirement date in mind, 35 % expect they'll have to remain in the workforce longer than they'd hoped — on average five years longer, compared to what they had hoped back in 2008 (the year of the financial crisis).

Only a year ago a similar and perhaps better one fetched $ 10 million at auction, a price that seemed awfully high at the time, so how can it be that a 79 - year - old artist's work has doubled in a year of financial crisis?

«I think it is particularly important to hit this goal in a year of financial crisis.»

Not exact matches

• Typically, this action emerges within one year of a recession; a similar development appeared ahead of the 2000 recession and the financial crisis.

In the depths of the financial crisis in 2011, Brian Moynihan — who'd been the unexpected pick for CEO a year before — predicted that Bank of America would soon be earning well over $ 20 billion a year.

The financial crisis and poor Australian dollar is just two of a thousand excuses I have heard them use over the years to avoid taking responsibility, and justify in their own minds that the collapse of this company has nothing to do with the underhanded practices and their own poor management.

The global economy is set for one of its best years since the financial crisis, but recession risks are increasing, said UBS Chairman Axel Weber.

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

The BoJ has been the least expansionary of major central banks since the 2007 - 2008 global financial crisis, Evans said, adding that its planned balance - sheet increase this year pales by comparison with the $ 1 trillion of assets that the U.S. Federal Reserve is slated to purchase.

After the 2008 financial crisis when Goldman became a bank holding company, it could take in more customer deposits, which led to an increase in its holdings of more than $ 40 billion over the past six years.

The household name had logged four consecutive years of consolidated net losses, punished by the global financial crisis in 2008 and losses in its consumer product divisions such as the flat - panel TV units.

Real estate site Trulia said more than six percent of last year's home sales were flips — the most since before the financial crisis.

Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most of the wounds of the global financial crisis.

«True, there are encouraging signs of economic recovery in those advanced economies most affected by the global financial crisis which erupted in 2008... [but] the report finds that those economic improvements will not be sufficient to absorb the major labor market imbalances that built up in recent years.»

Despite a mixed Friday jobs report — the US economy added only 156,000 jobs against expectations of 175,000 — the labor market has come on strong over the past few years after the financial crisis.

A report by the U.S. Government Accountability Office last year found the six largest financial companies, including Bank of America, Citigroup and Wells Fargo, lost nearly $ 16 billion in their proprietary trading units in just over 12 months during the crisis.

The general rule of thumb was one financial crisis every 10 years.

But the crises have started affecting its financial performance because of concerns it will result in heightened regulations, and CBA shares are down about 7 percent so far this year while the broader market is up.

Four years ago, the financial crisis and ensuing collapse of the auto industry meant the only consideration for most companies was self - preservation.

Although the country dealt with a series of financial crises and rampant inflation from 1993 to 2002, she says «the last ten years were more stable.»

years ago, but the financial crisis hit, and a deal didn't work for either of us at that time.

Clinton responds by citing the now - famous research by Kenneth Rogoff and Carmen Reinhart that recessions created by financial crises take longer to recover from than ordinary recessions — five to 10 years, instead of one or two.

In theory, Occupy was a protest against economic inequality, a reaction not just to the gap between «the 1 %» and «the 99 %,» but to the widening of that gap in the years following the financial crisis of 2008 and 2009.

Having put off the building of the hotel complex for a number of years after the global financial crisis, construction of the 307 - room DreamMore, which will be is next door to Dollywood, started over two years ago.

(This number has steadily increased over the past five years, since the turn of the financial crisis.)

Two years ago, when Greater Vancouver houses were selling for an average of just $ 1 million, Porter dismissed talk of a Canadian housing bubble by declaring that ««bubble» is perhaps the most overused word since the global financial crisis.»

However, whatever happens with the stock price, this is a big moment for the U.S. auto industry, which was cratering just a year ago, and a big moment for the IPOs, which had dried up almost completely in the wake of the financial crisis.

Virgin America, which took to the skies in 2007 just before the financial crisis, earned $ 10.2 million on revenue of $ 1.42 billion in 2013, its first ever profitable year.

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.

He comes to the position amid a critical time for the Fed, which is normalizing policy after years of extraordinary accommodation triggered by the financial crisis.

The key driver of these income trends, besides lower employment and hours in the aftermath of the financial crisis, has been wage stagnation over the last dozen years.

For the past seven years, growth has serially disappointed - sometimes spectacularly, as in the depths of the global financial and euro crises; more often than not grindingly as past debts weigh on activity

Five years ago, she was poached from Goldman Sachs — where she made her name convincing a number of large pension funds to hedge in the run up to the financial crisis — by Bank of America to run a first of its kind on Wall Street cross-asset, cross-industry structured - strategies group («It's about solutions, not products,» she says).

Since the 2008 debut race, the event has generated S$ 150 million in tourism receipts every year on average, except for 2009 at the height of the global financial crisis.

The outcome of the wager, which concludes at the end of this year, is the latest reminder of the momentum that low - cost passive investing has gained since the financial crisis.

During the 2008 financial crisis, my book of business dropped to where it had been five years before.

«If we had to pick one year for a big unexpected crisis — the geopolitical equivalent of the 2008 financial meltdown — it feels like 2018,» Bremmer and Kupchan said.

In the years following the financial crisis, many of those small banks closed or sold to bigger companies.

Personal consumption rose 4.2 % in the second quarter of the year, the best reading since the fourth quarter of 2014 and near the best level we've seen since before the financial crisis.

The ringgit has lost a quarter of its value against the U.S. dollar this year and fallen to its lowest levels since the Asian financial crisis 17 years ago.

He named a number of factors, including improving capital investment from business and retail spending from consumers, that he said suggested the economy is continuing to expand — and not, after eight years of recovering from the financial crisis, starting to slip toward another recession.

Indeed, we've had many of those panicky sell - offs during this nearly eight - year bull market since the March 2009 financial - crisis bottom.

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.