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If businesses turn pessimistic, they may be less willing to invest in expansion and to hire more workers.
Households with less than $50,000 in annual income, on the other hand, are just beginning to turn pessimistic.
The assumption here is that if agile would not provide real improvement, adopters would be eager at first but turn pessimistic after putting it into practice.
According to the Keynesians, when people turn pessimistic, governments should stimulate "aggregate demand" by increasing public spending and printing more money.
He also noted that although individual people certainly make investment mistakes, they do not turn pessimistic or optimistic all at once.
Similar(55)
FedEx turns pessimistic.
At least a critical mass of observers has not yet turned pessimistic.
They have turned pessimistic, however, over the last few weeks, as earnings warnings have increased.
It would be by turns pessimistic and celebratory, mawkish and solemn.
Though some conservatives like Mr. Rove initially doubted the election's outcome, by around 10 p.m. many in the media had turned pessimistic about Mr. Romney's chances.
Today investors turned pessimistic and dumped Nortel, which fell 32.77%.
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CEO of Professional Science Editing for Scientists @ prosciediting.com