Even so, time is short.

ECONOMIST: A message for Europe

Lending small amounts of money for short periods of time is expensive and therefore so is borrowing such.

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This is a short time series, just a week, so it is still possible that there will be more to the story.

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Yet one diplomat says he has never witnessed such a change in mood in so short a time, to the extent that one problem now is managing expectations.

ECONOMIST: Cyprus

So at a time when jobs are in short supply, building exports is an imperative.

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So, this stock is clearly not as cheap as it was a short time ago, but the fundamentals are improving quickly and we expect analysts to start bumping up earnings and price targets soon following this quarterly report.

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In fact, some say because sentiment in gold is so beat up, that it might be time to step back in, at least for a short time.

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So even if controls on capital outflows can buy time in a short-term panic, it is time bought at a high longer-term price.

ECONOMIST: Time to turn off the tap?

We obviously are in a relatively short period of time here, so the fact that we remain confident that that will happen is, I think, important, but it does not mean we can let up.

WHITEHOUSE: Press Briefing

Also, mortgages have a duration (a calculation of the time it takes to get paid back) that is a variable, hypothetical duration that varies with prepayment speeds, so a short duration mortgage portfolio is not protection against a sudden increase in interest rates, because if interest rates rise the duration will rise which hurts the value of the bond.

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