Frosted went into the Derby having secured a fine victory in the Grade I Wood Memorial Stakes the race prior – a performance that stood out from earlier more moderate bits of form – strongly suggesting that he's a horse on the upgrade.
This year, although growth has begun to moderate a bit, China's economy is forecast to expand about 10 percent — continuing a remarkable three-decade streak of double-digit growth.
"Month after month, we've expected total housing starts to moderate a bit, but it doesn't seem to have happened," said Orawin T. Velz, a senior economist at Fannie Mae, the nation's largest buyer of home mortgages.
"The trend over the past few months seems to indicate that things are starting to moderate a bit for manufacturing, but I wouldn't say that things are good," said Marisa Di Natale, a senior economist at Moody's Economy.com.com
Now, businesses here and elsewhere in China are being caught short because the national economy has begun to moderate a bit, to a projected 9 percent rate by year's end, in response to government-imposed measures to fight inflation and let air out of the real estate bubble.
He seemed to moderate a bit on that at his press conference Monday, which was good news.
A topic of common interest to discuss (be prepared to get things started and to moderate a bit) - this could be tied in with a speaker, it could be guided by a loose agenda or it could be simply an occasion for everyone to share their thoughts about something that matters to the local community, such as the proposed demolition of heritage houses to make way for a freeway.
Gasoline prices may have moderated a bit lately, but business owners are still smarting from the run-up in prices this year.
"The weakness in the industry has moderated a bit, and it appears that the strength of the release schedule is the primary driver of that.
