As the recovery picked up steam, shares were expected to continue their rally and government bonds were projected to lose value (which would make the yield they pay rise), according to the consensus view.But that is not what has happened.
Rusnak might have been selling foreign exchange contracts (a bet that a currency will lose value), which he might have hedged by buying currency spot and forward contracts (a bet that it will gain value), says Michael Greenberger, a law professor at the University of Maryland who used to be an official of the Commodity Futures Trading Commission.
Since then, most currencies have lost value relative to the dollar, which benefited from fearful investors' flight to safety.
Mr. Scott has also attacked Ms. Sink for her management of the state's pension fund, which has lost value like those of most states.
[Page C1.] Despite the sales, family members said yesterday that Mr. Lay, who is 59, faced serious financial difficulties as he struggled to repay loans taken out to make investments, many of which have lost value.
Will any savings (which have lost value because of low interest rates) be exempt from higher tax if used to pay offspring's university fees, provide free board and lodging for twentysomethings and deposits for housing?
Recycling means putting back into circulation, re-using waste materials, which have lost value and/or meaning.
The ecological costs of open pit metal mining are quantified, which include lost value of direct eco-services, lost value of indirect eco-services, prevention and restoration costs, and cost of carbon emission from energy consumption.
(See "Wal-Mart Scoffs At Recession").. K-Swiss competitors, according to Revere Research, include Nike and Skechers USA, both of which also lost value on Thursday.
The Chinese stock market has endured a torrid three weeks in which it has lost value equivalent to £1.5 trillion — that's 10 times the size of Greece's annual GDP.
