Quotes about self-fulfilling (16 Quotes)



    This was not good news for the economy. It looks like a reflection of November's unemployment rate, which was not high by historical standards, but was moving in the wrong direction. Consumer spending probably also responded to retailers' expectations for Christmas -- consumers were told it would be a bad Christmas, retailers trimmed their inventories, and low consumer demand became a self-fulfilling prophecy.


    We are not forecasting a recession, but there is some truth to the notion that negative news can be a self-fulfilling prophesy. If companies expect demand to slacken, they scale back production. And if consumers expect doom and gloom, they scale back spending. That's just the way it works.

    Most analysts disagree, though. Such a large reduction could spook the markets into thinking the downturn will be more severe than previously feared, ... and that could be a self-fulfilling prophesy.


    Part of the story here is the growing view among nonresident investors of the bargains to be had in Canada. There are any number of U.S. or foreign publications that are highlighting the Canadian market and how well it's performing, and to some extent it becomes a self-fulfilling prophecy,

    If all we've had is consumption, not business investment, there could be a self-fulfilling factor here, ... If consumers run out of patience, they start trimming sales a bit, and the economy, rather than picking up, may weaken a bit. Then the consumer says, 'See, I told you it was going to happen.'


    The danger is that, when people believe they 'know' how things are going to turn out and then act on those convictions, they can make these prophecies self-fulfilling, and bring on some of the things they predict, ... On the Road to Armageddon How Evangelicals Became Israel's Best Friend.

    If you remember, the first day after Bush nominated Roberts as an associate justice, Democrats were basically out there talking tacticsstrategy instead of conviction, and essentially saying they couldn't do anything. It was truly pathetic. They created a self-fulfilling prophecy by rolling over and dying. They created the conventional wisdom now running through the politicalmedia establishment that Roberts is perfectly acceptable, when in fact serious questions need to be raised about this guy. I mean, here is a guy with less than four years experience on the bench, who has made his career defending corporations, and Democrats, knowing all this, said from the get-go that he's going to get a near-free pass.

    A self-fulfilling prophecy is an assumption or prediction that, purely as a result of having been made, cause the expected or predicted event to occur and thus confirms its own 'accuracy.'

    The concern is that unless the company makes its intentions clear, the closure of the service will be a self-fulfilling prophecy as people will not want to book in the traditionally busy pre-Christmas period, thereby exacerbating the situation.

    With the Dow and Nasdaq having moved up the way they have, it's only normal to see a bit of a pullback from time to time. But you still have a lot of seasonal factors to come into play. November through January has historically been great for stocks, and I think it will be almost a self-fulfilling prophecy as investors start trickling back into the market.


    The main thing holding back the economy in the past year and a half has been a lack of business confidence, and now we're seeing these surveys with a fairly optimistic take on the economy. The non-manufacturing survey certainly reflects the general increase in confidence, and that's a self-fulfilling thing.




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