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Allen predicts unemployment will continue to rise and the economy will remain weak as consumers and businesses refrain from new spending until they are confident asset prices are no longer falling.
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But there were also many well-capitalized, sensible investors and observers who were also quite confident that asset prices were way too high.
Even as Lehman's situation deteriorated, the elder Bent had remained confident that the assets were secure.
"The trustee remains confident that the assets it holds are more than enough to pay the proposed modified benefits, which would be a better outcome than PPF compensation for the vast majority of members".
"Our research team still is extremely confident that AAA Home Equity asset-backed securities are money good, meaning that over time you will get the entire amount of your principal back," responded a JPMorgan executive in an e-mail, according to a complaint later filed by Access.
I remain confident in our assets, plans and people to succeed in building our online business.
It's no wonder 34percentt of 60-to-64-year-olds 60-to-64-year-olds 60-to-64-year-olds 60-to-64-year-olds 60-to-64-year-oldshat their asurveyeduld carry them through retirement.
These can work well as a lower cost choice for employees who don't feel confident setting their own asset allocations so long as they understand these funds are meant to be used as an all-in-one solution, not as one of many fund holdings.
State Street says it is confident that its conduit assets will remain off its balance sheet.
In a sign investors were again more confident about holding riskier assets, the Russell 2000 index of small-company stocks rose 16.09 points, or 1.7 percent, to 979.92, more than twice as much as the rest of the market.
The miner's chairman said the company would not need to raise equity and is confident it can sell assets to pay debt, a day after rival BHP Billiton pulled its $66 billion offer for Rio, citing adverse market conditions.
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