Words & Phrases 0803

1. Take hold of
 control
 Hawkish comments from several Fed presidents are countering a recent
narrative taking hold of financial markets, in which policymakers would
ease up on a recent tightening cycle given expectations of an economic
slowdown.
2. remark
 something that you say, giving your opinion about something or stating a
fact
 Stocks dipped on the remarks on Tuesday, while investors sent the 10-year
Treasury yield up 15 basis points to the 2.75% level.
3. spate
 a larger number of events than usual, especially unpleasant ones,
happening at about the same time
 The new spate of aggressiveness also saw the safe-haven dollar renew its
surge, though there was still plenty of optimism that the U.S. could achieve
a soft landing and avoid a formal recession.
4. Before too/very long
 soon
 If we don't see improvement before too long, we might have to rethink the
path a little bit higher.
5. pledge
 Pelosi reaffirmed a pledge that the U.S. wouldn't abandon Taiwan, saying
solidarity was more important than ever in a "world [that] faces a choice
between autocracy and democracy."
6. Solidarity
 agreement between and support for the members of a group
7. somewhat
 to some degree
 The two also discussed deepening economic cooperation and supply chain
resilience, while indexes in Asia rebounded somewhat amid fading risks
that the visit will result in a major conflict.
8. Fading (risk)
9. somehow
 in a way or by some means that is not known or not stated
 It won't be easy, but we'll get across the river somehow.
10. shoulder
  The U.S. will certainly shoulder the responsibility and pay the price for
undermining China's sovereignty and security interest.
11. undermine
12. live-fire military drills
13. distributed denial-of-service attack (DDOS attack)
 A denial-of-service (DoS) attack floods a server with traffic, making a
website or resource unavailable. A distributed denial-of-service (DDoS)
attack is a DoS attack that uses multiple computers or machines to flood a
targeted resource.
14. Delinquency (rate)
 a situation in which borrowed money is not paid back as agreed
 We are seeing rising delinquencies among subprime and low-income
borrowers with rates approaching pre-pandemic levels.
15. subprime
16. innings
 We're still in the very early innings of downturn and estimate cuts.
17. downturn
18. deteriorate
 While J.P. Morgan also expects earnings to deteriorate in the second half,
it's taking a more contrarian view, with revenues expected to increase
significantly and "any earnings weakness unlikely to be material."
19. Contrarian
 a person who takes a contrary position or attitude