Thursday, October 13, 2016

downturn & starch

Quotations:


Housing slump bigger economic threat than China slowdown: Fitch:

-- In a survey of leading fixed interest and bond traders, Fitch found a domestic housing downturn had replaced the prospect of a hard economic landing in China as their biggest worry.

-- At the same time, a string of regulatory initiatives, coupled with active supervision have added starch to bank underwriting standards."

Definitions:

downturn: 
1. a fall in the amount of business that is done; 
2. a time when the economy becomes weaker;

starch:
1. a white carbohydrate food substance found in potatoes, flour, rice, etc.
2. starch prepared in powder form or as a spray and used for making clothes, sheets, etc. 





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