Exact(3)
The results on Tuesday were a surprise, but it was an open question whether the defeats were a momentary embarrassment or a prolonged setback for Mr. Romney.
After two decades in which stocks suffered only brief and mild downturns -- interruptions in profitable years -- the depth of the bear market has shocked many investors, especially those who were not shareholders in the 1970's, the last time stocks endured a prolonged setback.
When you have a prolonged setback in the stock market it can in fact have an impact on the economy.
Similar(57)
The plague inflicted a prolonged demographic setback, with the population estimated at between 10,000 and 12,000 during the 15th and 16th centuries.
But those improvements have come at the end of a prolonged period of wage deterioration and other setbacks that have had a profound effect on the standard of living of most American families.
A prolonged drought could portend further economic and environmental setbacks for the nation's most populous state, which has already lost both crops and jobs to the dry weather.
There is also the possibility that global trade, which has grown weakly since the crisis, could face a further setback if the eurozone or Japan were to slip into a prolonged period of stagnation or deflation.
The setback was the third worst for the index this year, but comes after a prolonged period of sharp gains that started in mid-June.
Tells about th trial, a prolonged affair.
A prolonged drought would be another matter.
Florida is suffering from a prolonged drought.
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