The price of a long-term perspective, in that sense, is sometimes short-term turmoil.
The price of a long-term perspective is sometimes short-term turmoil.
Although Mr. Malvey believes the short-term turmoil in the stock and bond markets will subside by the fall, he said the added financial strain on homebuyers increases the odds of a recession in 2008 or 2009.
As a caveat, however, traders should keep a close eye on the 20.50-21 asea, as this region is home to the stock's mid-October 2009 high and could create some short-term turmoil.
Here's another take on the lifespan issue: these supposedly selfish and short-sighted olders will live through the short-term turmoil but not long enough to play a central role in the positive changes they envision, nor to benefit from them.
That's the day parents officially face the possibility that their "child" is already having sex, or at least seriously considering it, so it's time to deliver the warning about unwanted pregnancies, the dangers of STDs and the emotional, long-term turmoil either can create.
"We believe there is vast growth to come out of this market, despite the near-term economic turmoil," said Andy Bird, president of Walt Disney International.
Regardless of how he handles the United Nations effort, Mr. Obama is unlikely to pursue the peace process more broadly in the early part of his second term, given the turmoil across the Middle East and internal divisions among the Palestinians.
Updated at 8.24am GMT 8.01am GMT Analysts at Crédit Agricole reckons the turbulence will continue for a while, telling clients that: "Investors should steer clear of risk assets over the short term as the turmoil does not look like it will be over anytime soon".
But her second term saw more turmoil - including one of the longest and most bitter industrial disputes in British history in the 1984 miners' strike.
A nationwide vote for Parliament does not need to be called before 2020, but it is looking more likely in the near term given the turmoil over the Brexit referendum. .
