Robert Goodman
![Robert Goodman](/assets/img/authors/unknown.jpg)
Robert Goodman
Robert O. Goodman is a former A-6 Intruder Bombardier Navigator and class of 1978 graduate of the United States Naval Academy. He was shot down over Lebanon on December 4, 1983. Captured upon ejection from his stricken plane, he was held captive for 30 days. His release on January 3, 1984, was facilitated by Reverend Jesse Jackson...
cause consumers cut economy error event growth months negative occur percent period raise rate savings short three throw
If an event were to occur that would cause consumers to raise the savings rate and cut back on spending, even for a short period of time, it's conceivable that we'd get two or three months in which the economy would contract, ... 1.1 percent GDP growth is little more than a rounding error -- it doesn't take much to throw that into negative territory.
sharp violent
Because there was such a sharp drop, the snap-back is going to be that much more violent on the upside.
markets various volatility
You may find there is more volatility in the various markets in Europe,
beating begin certainly change early economic intent later major manage market next perception trying year
What you have now is corporations trying to manage expectations with the intent later this year and certainly early next year of beating those expectations, ... So this market is really getting set up for a major change in perception once we begin to see some kind of economic pickup.