Correction
in sentence
219 examples of Correction in a sentence
Some of the late 1970’s
correction
did follow from renewed intense US pressure for fiscal and monetary expansion, but that expansion caused inflationary pressure, which the Japanese and Germans then predictably blamed on the US.
The poorer an economy’s growth prospects, the larger the fiscal
correction
and deleveraging needed to convince markets of underlying solvency.
But the greater the fiscal
correction
and private-sector deleveraging, the worse growth prospects become.
In fact, this summer’s asset price
correction
reinforced a view many of us already had that the US economy was slowing, led by sagging productivity and a deteriorating housing market.
Under this scenario, any country that runs persistent, large current account balances must look forward to a hard landing and a
correction
in the value of its currency.
Each deceleration episode lasted for about two months, at which point the
correction
in equity prices began to reverse.
If anything, the
correction
might have come sooner, given disappointing macroeconomic data in recent months.
But now a global market
correction
seems underway, owing, first and foremost, to the poor growth outlook.
Yet another reason for the
correction
is that valuations in stock markets are stretched: price/earnings ratios are now high, while growth in earnings per share is slackening, and will be subject to further negative surprises as growth and inflation remain low.
With uncertainty, volatility, and tail risks on the rise again, the
correction
could accelerate quickly.
And, given the seriousness of the downside risks to growth in advanced and emerging economies alike, the
correction
could be a bellwether of worse to come for the global economy and financial markets in 2013.
When faced with a shortfall of demand – whether owing to an external shock or to an internal adjustment, such as the housing-market
correction
– China can tweak its urbanization-led investment requirements accordingly.
The US course
correction
is being dictated by another consideration as well: America has nothing to gain from taking sides in China’s disputes with its neighbors – unless, of course, US interests are directly at stake, as in the South China Sea, where Chinese maritime claims threaten freedom of navigation in some of the world’s most heavily trafficked shipping lanes.
The
correction
in US policy actually extends even to terminology.
NEW HAVEN – In recent months, concern has intensified among the world’s financial experts and news media that overheated asset markets – real estate, equities, and long-term bonds – could lead to a major
correction
and another economic crisis.
It should be noted, first and foremost, that the current volatility, though not necessarily desirable, represents a natural market
correction.
But then, in another characteristic move, Trump hedged his correction: “It could be other people also.
Greece’s future will resemble that of Argentina if its government and official creditors (namely, the European Central Bank, the European Union, and the IMF) fail to internalize some of Argentina’s lessons and do not undertake an urgent mid-course
correction.
But the meek response by major European powers to the illiberal trend in Central and Eastern Europe does not constitute a course correction; it embodies, instead, unprincipled pragmatism.
Some investors would surely go bankrupt, but unless things get even more wild than now, the U.S. financial sector would probably survive intact even with a fairly significant stock market
correction.
Would the rest of the world suffer deeply from a U.S. stock market correction, for example by experiencing a drop in export sales to a slowing U.S. market?
A genuine recession is very different from an inventory
correction.
Although most stock markets are still well above their levels of last November, the question lingers: Did February’s reversal mark the end of the bull market, or was it just a temporary
correction?
As 2012 begins, however, investors are wondering if emerging markets may be due for a correction, triggered by a new wave of “risk off” behavior.
But they are not diplomats who know when an error requires
correction
or an exchange calls for clarification.
We have known for at least a generation that the world needs a course
correction.
A vicious cycle of asset-price
correction
and weaker growth, together with downside surprises that are not currently priced by markets, could lead to further asset-price declines and even weaker growth – a dynamic that drove the global economy into recession in the first place.
Combined, these factors should produce a
correction
in asset prices that brings them into line with revised expectations of the global economy’s medium-term prospects.
But the situation is more foreboding than a major
correction.
Error -- and therefore a mechanism for its
correction
-- is an essential, unavoidable feature of human action.
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