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They're going to meet the dismal expectations they've set, but we want to know what they're going to say".
As Michael Niemira, at Bank of Tokyo-Mitsubishi in New York, puts it: "The industry went into Christmas with dismal expectations, and even that was too optimistic .The breadth of the retail downturn is the biggest surprise it includes traditionally robust sectors such as pharmacy and food.
Palin, who up until that moment had largely succeeded by exceeding dismal expectations, suddenly connected with us no matter whether we think her woefully unprepared for the job or that she brings fresh blood to the process of transforming government.
Reports Tuesday on home sales and factory activity were even wore than economists' dismal expectations, though investors seem to be saying conditions are as bad as they are going to get even as academics beg to differ.
Similar(54)
For a president who has made eloquent promises about the nation's duty to veterans, that is a dismal expectation.
As I see it, their dismal earnings expectations for 2003 will enable companies not only to meet but to exceed Wall Street estimates.
The Fed's outlook, however, helped send the stock market higher on Wednesday, on the expectation that the central bank's more dismal outlook would lead to further interest rate cuts.
The Fed's outlook helped propel the stock market higher on the expectation that the central bank's more dismal outlook for the economy would lead to further interest rate cuts aimed at reviving growth.
[C2.] Lucent Offers More Dismal Outlook Lucent Technologies announced a quarterly loss of $8.8 billion that was within analysts' expectations, but the company offered an industry outlook for next year that was more dismal than its previous forecasts.
His dismal profit expectation: "Overall net of U.S. corporations could wind up in the red during the current depression".
And the market's activity was only slightly tempered by the expectation of dismal earnings forecasts in the next few weeks, they said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com