Those rates were higher than many investors had anticipated, traders said.

Whatever the reason, the dismal performance was worse than investors had anticipated.

This summer, investors correctly anticipated what the Fed would do.

Investors had anticipated the action, driving the stock down in some recent trading sessions.

That's because investors are anticipating better times to come.

That means investors cannot necessarily anticipate comparable growth in future quarters.

But the fire sale that many investors anticipated has not developed, at least not yet.

The main reason, they say, is that many foreign investors anticipated the instability in their countries and moved their money early.

For example, suppose an investor has correctly anticipated a rise in the price of his or her chosen security.

Because of the questionable outlook for the economy, investors are already anticipating sharply lower rates.