"Concerns about the casino-gaming industry and weak consumer spending have triggered volatility in the shares of Bally Technologies, a leading provider of gaming systems, but we view the 53% retreat from the all-time high in December 2007 as a buying opportunity," says quantitative analyst Richard Moroney, editor of Upside and Dow Theory Forecasts.
Last week, the trade group issued a detailed "Case for a U.S. National Airline Policy," calling on the federal government to reduce aviation taxes and regulations, assist the industry in facing more aggressive global competition, curb fuel prices and volatility and spend more money on improving the national air traffic control system and other federal services.
The music has many dimensions, snapping with volatility between sections, spending as much time in syncopated rhythm as in free improvisation.
Speculation that the ECB will kick off a major spending spree has sparked increasing volatility in financial markets, especially since a European court of justice ruled that it was legal under EU law.
On most points the Bush Administration went the other way: It spent heavily and encouraged market volatility by free-floating the dollar, repealing the uptick rule and protecting the opaque big-bucks credit-default-swap market.
Starting late last year, Tiffany's customers began trimming their spending on jewelry amid stock market volatility and growing worry about the debt crisis in Europe.
Of course, it's surprising that there would be a significant growth in holiday retail spending considering the economy and market volatility.
We also find that modest emphasis on active interest rate movements can alleviate much of the volatility in optimal government spending, while rendering similarly favorable levels of aggregate consumption and investment.
There have been a lot of jitters among analysts and investment pros that weakening housing activity, higher food and gas price and financial market volatility would crimp consumer spending.
Ericsson's Svanberg, who will become chairman of BP next year, told Forbes that underlying industry trends in traffic and consumer demand were still strong, and that operator spending had only been limited by currency volatility.
