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They now promise measures to create a beneficial "confidence shock".
"I now fear systemic economic failure — unless there is a positive confidence shock," said Timothy Ash, London-based head of emerging markets research at Standard Bank.
"What do you do when there is a confidence shock to your flight-to-safety asset?"But it is difficult to identify any such concerns today.
"The confidence shock will therefore continue to hinder investment and hiring decisions," Mathilde Lemoine, an economist at HSBC, said in a note.
The main issues facing the UK economy were the impact of rising prices on real incomes, "the confidence shock" from the eurozone, and a greater impact from the financial crisis on output than previously thought.
We believe it is too early for the Bank to have any meaningful data on how the economy and financial conditions are being affected by the confidence shock ensuing from the EU referendum outcome, and therefore too early to calibrate the appropriate policy response.
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"Confidence shocks could reduce external capital flows into the UK, which could adversely affect growth," the IMF said.
Notwithstanding a flexible exchange rate and independent monetary policy, confidence shocks could reduce external capital flows into the UK, which could adversely affect growth," it said.
In Figure 4, we show that when the cutoff threshold equals 25%, STFIA has the best performance in terms of the trade-off between the false positive and false negative rates to find out the high-confidence heat shock TFs.
The confidence proved a shock to stop the clocks.
Almost three decades later, Dr. Stever's expertise would once again play a role in restoring the nation's confidence after another shock to the space program.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com