11/20 cnbc- seen less volatile

http://www.cnbc.com/id/40281828

Stocks Seen Less Volatile as Holiday Nears

 

*make new bet
Stocks Seen Less Volatile as Holiday Nears
Traders expect a short and sweet Thanksgiving week, where investors will be reluctant to make new bets and markets could actually trade quietly.

 

 

*sovereign
I think 2011 is going to be harder than 2010 in terms of the sovereign crisis. Ultimately there has to be a holistic approach
holistic:전체론의
sovergeign credit rating 국가신용도

 

 

*jawboning 정부이 강력한 설득  jawbone 턱뼈 escalate 확대,증가시키다
Before this, the U.S. simply tried to use jawboning and threats to get the Chinese to move, but now with QE their policy action is actually having a material impact on Chinese growth and inflation
that is why the war of words has really escalated because for the first time, U.S. actions are actually having material impact on Chinese economic policy, and they don't like that because they're seeing very, very strong inflationary pressures

 

 

*intended 의도된게 아냐
"I don't think it was intended. I think it's in a way an unintended policy consequence that happens so many times in the marketplace," he said.