The economy: What to expect in 2013
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Forecasting the economic outlook and the financial markets can be tricky, but there are steps you can take to keep your money growing. (Money Magazine) -- When you find yourself on a precipice, the standard advice for keeping calm is to not look down. Next year, don't look up. At the 30,000-foot level, the world's economy appears as stormy as it's been since the financial crisis blew over. Europe remains mired in debt. China faces a slowing growth rate and an expanding housing bubble. Here at home, fears about how the government would handle the fiscal cliff -- the tax hikes and budget cuts that were set to start kicking in at year's end -- frightened businesses into delaying capital spending and hiring, erasing what little momentum the economy had going into 2013. Tilt your gaze toward ground level, though, and the picture brightens.
People:
Jobs
Overall Sentiment: -0.0547641
Relevance: 0.546986
Sean Snaith
Overall Sentiment: 0
Relevance: 0.527325
| Sentiment | Quote |
|---|---|
| -0.198974 | "We'll see a slow but steady increase in employment throughout the year," says Sean Snaith, ... |
| -0.15389 | "We'll see a slow but steady increase in employment throughout the year," says Sean Snaith, economics professor at the University of Central Florida. "The pendulum is shifting toward workers again." |
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Obama
Overall Sentiment: 0
Relevance: 0.494844
Diane Swonk
Overall Sentiment: 0.417316
Relevance: 0.494585
| Sentiment | Quote |
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| 0.215316 | "The wealth effect tied to housing can be quite powerful," says Diane Swonk, ... |
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Prime Minister Mariano Rajoy
Overall Sentiment: 0.579807
Relevance: 0.492477
Patrick Newport
Overall Sentiment: 0.320293
Relevance: 0.482591
Hank Smith
Overall Sentiment: -0.11551
Relevance: 0.481526
| Sentiment | Quote |
|---|---|
| -0.399095 | "We're not going to be another Japan, which lost two decades dealing with debt," says Hank Smith, ... |
| -0.339683 | "We're not going to be another Japan, which lost two decades dealing with debt," says Hank Smith, chief investment officer at Haverford Trust. "In the corporate and household sectors, that's s already taking place." |
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Mahmoud Ahmadinejad
Overall Sentiment: -0.178537
Relevance: 0.458455
Key:
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Additional Info:
PrintMedia: Money Magazine
Overall Sentiment: -0.165581
Relevance: 0.782764
FieldTerminology: GDP
Overall Sentiment: -0.125016
Relevance: 0.740456
FieldTerminology: real estate investments
Overall Sentiment: 0
Relevance: 0.454954
Country: China
Overall Sentiment: -0.0579915
Relevance: 0.644096
Country: U.S.
Overall Sentiment: -0.0250716
Relevance: 0.611127
Country: Japan
Overall Sentiment: -0.448907
Relevance: 0.60175
Country: Iran
Overall Sentiment: -0.143215
Relevance: 0.558601
Country: Spain
Overall Sentiment: -0.193262
Relevance: 0.532157
Country: Germany
Overall Sentiment: 0
Relevance: 0.401057
Country: Italy
Overall Sentiment: 0
Relevance: 0.384248
Continent: Europe
Overall Sentiment: -0.168168
Relevance: 0.642218
Continent: Asia
Overall Sentiment: -0.373955
Relevance: 0.478925
City: Beijing
Overall Sentiment: 0
Relevance: 0.459492
GeographicFeature: Pacific
Overall Sentiment: -0.202505
Relevance: 0.446541
Provided Keywords:
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- budget cuts
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- housing
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- make more in 2013
- money magazine
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- tax hikes
- us economic outlook
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