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Exact(23)
"It was evidence that the markets are functioning".
But Mr. Allawi said the economy was normal only in the sense that public markets are functioning.
"The markets are functioning normally," said Peter Bakstansky, a spokesman for the Federal Reserve Bank of New York.
But whatever happens to the Dow Jones industrial average, the important fact will be that markets are functioning.
Although the financial markets are functioning and most financial firms are back on their feet, many airlines face the risk of insolvency.
This ensures that values are objective and comparable and is therefore a good way of ensuring transparency when markets are functioning properly.
Similar(37)
Even if financial markets were functioning normally, central bankers would face hard choices.
If the Hong Kong and Malaysian markets were functioning freely, interest rates would probably be higher and shares would probably trade low.
If the credit markets were functioning the way they should, would there still be a place for On Deck? A. There's been trouble in credit on Main Streets for decades.
LIBOR and EURIBOR measure an activity that barely exists.Even if markets were functioning properly, some of the banks submitting estimates would struggle to borrow at any interest rate, let alone the one they have been submitting.
"By the end of this week, the muni market is functioning well again".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com