"We are leery of the idea that the American consumer will bounce back in the near term," Mr. Feiner said.
I'm coming up to that age when thoughts turn to retirement but I've no plans to cut back in the near future.
The widespread devastation in the gulf region, the associated dislocation of economic activity and the boost to energy prices imply that spending, production and employment will be set back in the near term.
Back in the near empty medical storage room at Al-Shifa, Fikr sees the man in charge of medical supplies faint: he had just been told that his son was killed.
However, concerns about the economy haven't eased up over the past months and there are now question marks over whether we will see a bounce back in the near future.
At the global level, investors have been worried that the Federal Reserve will end its government bond-buying program, which was designed to keep American interest rates low to stimulate the economy, after the Fed chairman, Ben S. Bernanke, suggested that the program may be scaled back in the near future.
As the new economic team tightens fiscal and monetary policy, growth is likely to fall back in the near term.Just how they plan to proceed became a little clearer at the press conference convened yesterday by the newly formed trio.
Many analysts have voiced fears that the exhilaration inflating these offerings could potentially plant the seed for a sharp corrective draw back in the near future.
Strangely, Instagram has stripped Stories out of Explore entirely, but when asked, the team told us it plans to bring Stories back in the near future.
"We might have to give a little bit of that run-up back in the near term," he says, pointing to the fact that positive earnings news from many banks have relied on "substantial revenue items that seem unsustainable".
