But, ultimately, Budget day is all about the Chancellor: Raising as much short term cheer for his party as possible and setting, or maintaining, some long term direction.
The long-term direction of gold prices will also be determined by the direction of the world economy.
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Beyond the short-term speculative trading, market participants agree that it is the fate of the economy that will determine the market's long-term direction.
Further, several analysts said the long-term direction of copper and other base metals will hinge more on the economies and demand from major consuming nations.
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That reorganization was also deemed a long-term direction change for Intel.
In his day the long-term strategic direction seemed to be away from public service and towards more commercial fare.
The money needs to invest in the direction of long term trends, not in outdated, obsolete historic assets.
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There are going to be differentiated responses between the two countries because of our different positions, but we are aiming at the same direction, which is long-term sustainable growth that puts people to work.
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We are designing this to be flexible so that the long-term ownership structure can be adjusted to meet the goals and direction that policymakers may set forth for housing finance reform.
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Andy Kohut, who directs the Pew Center for the People and the Press, has looked at long-term polling and finds that sentiment has been slowly growing for a change of direction.
While we can't underestimate the challenges we face, we also can't underestimate our capacity to overcome them--to summon that spirit of determination and optimism that has always defined us and move forward in a new direction to create new jobs, reform our financial system and fuel long-term economic growth.
These are all nudges intended to push the dial in a slightly different direction in the hopes that the course will be changed more drastically in the long-term.
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By November 2007, when the narrative ends, it was already clear to Mr Morris that this crisis was much more serious than the last big crunch, the 1998 Russian debt default and the bail-out of Long-Term Capital Management, an American hedge fund, by a group of banks under the Fed's direction.
By contrast to European leaders, however, who have taken both short-term and long-term measures to address the problem, American politicians do not seem to be prepared to move in the right direction.
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