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However, if earnings estimates get cut further than 35% because credit takes longer than anticipated to get restored, there could easily be more downside to stock prices from here.
Don't cut further than the hem.
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To make way, everything else must be cut, further and faster than it would otherwise have been.
But America's fiscal crisis (and the lack of any political consensus about how tackle it) makes it almost certain that Mr Panetta will have to cut further and faster than Mr Gates would have wished.That could be bad news for the F-35 Joint Strike Fighter, the most expensive military-industrial programme in history, and its lead contractor, Lockheed Martin.
René cleaves to his inner woodsman, shaping himself to the land, puzzled by the drive to cut further into the forest than necessary.
But what does seem to be true is that government departments and local authorities have cut further, and faster since last spring than Mr Osborne asked them to.
With Obama establishing the liberal position on any given issue in the center of the possibilities, the deal inevitably is cut further to the right than necessary.
Insert your left index finger in the opening and then use the knife to cut further into the clam than you could before.
This stifles the opportunities for innovation and means town halls will be forced to cut further and deeper next year than they first thought.
Some orchestras have cut further".
Liberal Democrat group leader Jeremy Hilton said: "Our concern is that the Tories have a gung-ho attitude to the cuts and that our services will be cut much further than is necessary".
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