But with data showing that new home prices rose in 69 out of 70 Chinese cities, recent concern over price discounting may be premature.
Yet there was no discounting the other side.
There have been relatively few announcements of cuts to aviation capacity and in some cases increases to capacity have been announced. Airfare discounting is expected to continue to stimulate demand.
For example, if you are prone to discounting a good grade on an exam, write down any past successes of an intellectual nature.
But even discounting that, at a time of widespread disaffection with Bush and the Republican party more generally, the inertia of public opinion heading into an election seemed to favour Obama.
