New York Times (September 16)
“Pessimism is deepening as bellwether companies like FedEx and General Electric warn of worsening economic and business conditions.” On Friday, stocks declined, “ending one of the worst weeks of the year for Wall Street.” This may just be the start of bad news. “A parade of prominent investors and corporate executives made it clear that they believed the worst was yet to come for the economy and financial markets.”
Tags: Bellwether, Business conditions, Corporate executives, Economic, FedEx, General electric, Investors, Pessimism, Prominent, Stocks declined, Wall Street, Worsening
Wall Street Journal (January 1)
“The crackdown continues in Hong Kong, and this week the Chinese government made an example of the territory’s most prominent political prisoners.” Beijing has now adopted “Soviet or North Korean behavior, and we hope that Joe Biden and his officials will speak plainly against it.”
Tags: Behavior, Beijing, Biden, Chinese, Crackdown, Government, Hong Kong, North Korean, Political prisoners, Prominent, Soviet, Territory