The rise in borrowing costs could have a negative effect on the economy rather than the positive stimulus effect the Fed anticipated.
Miller, chief executive of Baltimore-based Legg Mason Funds Management, also believes that capital spending is on the road to recovery, another positive stimulus for a better economy.
"In the absence of any positive stimulus and sentiments... we foresee the pressure on volumes to continue until there is significant improvement in macroeconomic factors, " said Rakesh Srivastava, senior vice president of Hyundai Motor's India unit.
The United States was the only country in their sample that had a positive consolidated stimulus, but a negative stimulus at the state and local levels.
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But the economy and stock market have been positive for the first two years of this cycle, with substantial stimulus efforts already expended to keep them positive.
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Japan is still not responding in a positive way to any kind of stimulus.
In order for stimulus spending to have a positive effect, our answer to (1) must be greater than our answers to (2), (3) and (4).
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Mr. Dugan cut back exposure to the country in recent months, although he cautions that sentiment could turn positive again quickly if the government boosts stimulus spending.
We believe there is opportunity for multiple expansion, given long-term growth opportunities, leverage to stimulus spending, and potential for positive EPS revisions.
PNC's Mr. Stone said that when the Fed eventually starts pulling back on stimulus, it will be a positive sign for the economy.
The prospects of a weak yen, coupled with further stimulus boost, has also had a positive impact on the stock market.
After sagging in the summer months to a degree that had the Federal Reserve step in during September with a promise of additional stimulus, economic reports have been quite positive in the last two months.
Nevertheless, Stimulus funds have clearly made a tangible, positive impact in that short time.
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To what degree will private demand accelerate as the positive contribution to GDP from reduced business inventory liquidation and government stimulus plays out?
The instant kneejerk reaction in the TV media was that the statement was a big positive, indicating the Fed is about to provide more economic stimulus.
With China's government pursuing a massive stimulus package, it looks like it will show moderate positive growth for 2008 while other economies have retrenched.
Another positive sign is the emphasis on infrastructure spending in many of the national fiscal stimulus packages.
An area of focus taps into your intrinsic motivation, offers no stimulus or incentive to cheat or take unnecessary risks, leaves every positive possibility and opportunity open, and encourages collaboration while reducing corrosive competition.
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