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3M set a negative tone with a downbeat view on the economy and a lower forecast for full-year earnings.
Taking a more downbeat view of the economy's prospects, the fund said that despite recent signs of stability the UK remained susceptible to shocks.
Taking a more downbeat view of the economy's prospects than the Treasury, the Fund said that despite recent signs of stability the UK remained susceptible to shocks.
Fisher added that the willingness of people to accept cuts in their living standards was explained by their downbeat view of the future.
The central bankers had agreed that they had to offer a slightly more downbeat view of the euro area's growth prospects in the opening paragraph of their monthly statement.
A selection of stories on the Americas from around the web The downbeat view of NAFTA's effect on MexicoA housing development for Cuba's loyal CommunistsA poll of Americans' attitudes to Cuba wins attentionViolence scars anti-government protests in VenezuelaThe persistence of plague in Latin America.
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As this column noted last week, in the midst of the surge of downbeat views about China's economic prospects, at least one sector, the Internet, has offered good returns to investors over several months.
In a research note, economists from Goldman Sachs said the report suggested "generally downbeat" views of the current economic situation, but noted that some components of the index had stabilized.
Albert Edwards, who heads the global strategy team at investment bank Société Générale and is well known for downbeat views, chides the coalition for a legacy of "grotesquely wide deficits" in both the public sector finances and on the UK's current account – its overall trading position with the rest of the world.
Downbeat views have spread to upper-tier Net stocks.
If a mopey Jimmy Carter were President of the U.S. today, the SSS might come under pressure to short American companies, as that would cohere with Carter's generally downbeat world view.
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