Correction
in sentence
219 examples of Correction in a sentence
The gap is not wide – six percentage points of per capita GDP – but the trend is worrying enough to call for a
correction.
Yet the Chinese government has remained committed to intervention, responding to the
correction
with heavy-handed, politically motivated measures, including the complete suspension of trade of many companies’ stocks.
So the contraction of external deficits is a sign that a
correction
is under way, and the rebalancing is impressive.
Indeed, many risks of a downward market
correction
remain.
The risk of a
correction
in the face of disappointing macroeconomic fundamentals is clear.
Some of the rise in long rates is a necessary correction, as investors are now pricing a global recovery.
A course
correction
is long overdue.
But China must also avoid reverting to greater state control of the economy – a possibility glimpsed in the authorities’ ham-fisted response to the
correction
in equity prices.
Everyone knows that markets have been booming, and everyone knows that other people know that a
correction
is always a possibility.
Until recently, markets seemed to discount these shocks; apart from a few days when panic about Japan or the Middle East caused a correction, they continued their upward march.
But, since the end of April, a more persistent
correction
in global equity markets has set in, driven by worries that economic growth in the United States and worldwide may be slowing sharply.
If what is happening now turns out to be something worse than a temporary soft patch, the market
correction
will continue further, thus weakening growth as the negative wealth effects of falling equity markets reduce private spending.
Initially, this looked like a natural
correction.
As concerns about deflation replaced fear of inflation, gold prices started to fall with the
correction
in commodity prices.
There are several reasons why gold prices are rising, but they suggest a gradual rise with significant risks of a downward correction, rather than a rapid rise towards $2,000, as today’s gold bugs claim.
But, since gold has no intrinsic value, there are significant risks of a downward
correction.
Instead, what the coalition seems to be proposing is a sort of correction, a retrenchment from various excesses and dysfunctions to something more restrained and disciplined.
So the question facing Americans as they toast their good times is this: If and when a
correction
occurs, will it take the shape of a stock market crash, as occurred in 1987, or will it take the shape of a slow and painful descent, as in Japan in the 1990s?
Moreover, former Federal Reserve Chairman Alan Greenspan says the housing market
correction
is already almost over.
With the US stock market clawing its way back from the sharp
correction
of early February, the mindless mantra of the great bull market has returned.
The recent
correction
is now being characterized as a fleeting aberration – a volatility shock – in what is still deemed to be a very accommodating investment climate.
This could indicate that big traders expect a
correction
in the rupee’s exchange rate, at which point they plan to sell the dollars that they are now accumulating for a larger sum of rupees.
The West African Ebola epidemic should inspire a course
correction
on international health policy, reinforcing the need for rapid-response tools and strong health-care infrastructure.
But a
correction
now seems inevitable, with central-bank independence becoming a key casualty.
And one short-run consequence of this might be the kind of sharp stock-market
correction
that we saw in 1980 and 1987.
Finally, the
correction
in European asset prices was smaller.
NEW YORK – The massive volatility and sharp equity-price
correction
now hitting global financial markets signal that most advanced economies are on the brink of a double-dip recession.
These developments (and many more) are rooted in a more pedestrian – and perennial – problem: the inability or refusal to recognize the need for course
correction
(including new management).
Approximately 63% of global institutional investors increased allocations in developed-market equities in the six months prior to April 2015, according to data from a recent State Street survey – even though some 60% of them expect a market
correction
of 10-20%.
But at some point, a real market
correction
will arrive.
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