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accelerate clearly continues device focus growing market percent positions profitable team trend
The converged device market is growing at more than 60 percent a year. This realignment positions the handheld team to more clearly focus on navigating this fast-paced market while PSG continues to accelerate its trend of profitable growth. Todd Bradley
accelerate belief coming core inch inflation remains unlikely
Our own belief remains that while core inflation could well inch up in the coming months, it is unlikely to accelerate significantly.
actions bona chances confidence cut demand directly downward edge growth impact increased indirectly job lay losses negative newly odds perhaps quarter recession spending spiral tend
With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect.