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As shares tumble and gloom grows, that may all change.The stockmarket is now down more than 15% from its peak in early July.
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The gloom grew heavier when Paul E. Steiger, managing editor of The Wall Street Journal, declined the CNNfn presidency after entertaining an offer for weeks.
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Its central forecast is that British GDP will shrink by almost 4% in the year to the second quarter of 2009, its steepest decline since the early 1980s.The gloom reflects growing worries about underlying weaknesses that make Britain especially vulnerable to a recession spawned by the most serious financial crisis since the early 1930s.
His gloom reflects a growing consensus among fiscal experts in the capital.
RETURNING home after 14 months in Afghanistan, I've sensed a growing gloom over the American war effort there.
We sat on a pew at the back in the growing gloom of late afternoon and opened a hymn book.
Germany's Ifo index of business confidence declined for the seventh month in succession in December, reflecting growing gloom about prospects for the European and world economies.
HOUSTON — The growing gloom about the economy has pushed down oil and gasoline prices, along with the prices of an array of other commodities.
Adding to the gloom was a growing sense among investors that Ben S. Bernanke, the Federal Reserve chairman, will step down when his term ends in early 2014, regardless of who wins the presidential election.
Sales at Starbucks' stores in California, where a power crisis is intensifying the gloom, have been growing at an even faster rate than those in the rest of the country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com