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"By waiting for the financial markets to stabilize, they would have the potential to earn more".
Many retirees or those close to retiring would have probably dumped their money into cash and then waited for the markets to stabilize.
allow for a transitional period for the private markets to stabilize, resume pricing of such insurance, and build capacity to absorb any future losses, while preserving State insurance regulation and consumer protections.
For example, the European Financial Stability Fund would have the power to buy government bonds on open markets to stabilize prices, allowing the central bank to wind down its own controversial bond-buying program.
There was no reference to any country's intervening in the currency markets to stabilize the fluctuations, however, and no reference to whether the dollar's recent slide against the euro had been too large, a trend that has worried many in Europe because it has made their exports more expensive and imports cheaper.
Meanwhile, many SWFs appear to have been waiting both for financial markets to stabilize and for clarity about Western governments' responses to SWFs before seeking more high-profile, substantial stakes.
Similar(53)
With that out of the way, it was time for the market to stabilize.
Many economists do not expect the market to stabilize until mid-2007.
At best, analysts expect the U.S. watch market to stabilize next year, with retailers remaining reluctant to restock.
"I would rather take a loss on the rental and wait for the market to stabilize," Dr. Siqueira said.
In Thain's view, Merrill just needed time for the market to stabilize in order to generate more earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com