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"Together, these two factors may exert downward pressure on overall housing prices both in the short and long run," said the official, Phyllis R. Caldwell, chief of the homeownership preservation office at the Treasury.
The research firm said Hewlett-Packard is best positioned for near-term stock appreciation but cautioned that margin concerns on printers, services and enterprise systems may exert downward pressure in the long term.
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But the loss of investor risk appetite and constraints on bank lending stemming from the credit crunch in developed markets will make it harder to cover financing needs in 2008.Inflation may also exert downward pressure on some emerging market currencies, even if monetary authorities respond by raising interest rates.
"Large-scale sales by funds may exert significant downward asset-price pressures, which could affect the entire market and trigger adverse feedback loops," it warns.
Industry observers seem to agree that China will be able to compete with the world's leading semiconductor makers in a decade, but even before that it may exert strong downward pressure on chip prices.
It's not a cure to all of our drug price problems, but it immediately puts money back into consumers pockets and may exert some downward pressure on outrageously high prices at home.
"Should" exert downward pressure on costs?
It could also exert downward pressure on house prices.
But meanwhile, diluting the dollar's share in official reserves will exert downward pressure on it.
It is just as likely that it would exert downward pressure on costs by exerting downward pressure on benefits, on coverage, and on the quality of the health care provided.
However English referee Greg Garner ruled the young Welshman had failed to exert downward pressure before his second attempt that was beyond the dead-ball line.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com