I view the stronger US Dollar and excess metals supply
as cyclical issues, while China reforming its growth paradigm is decidedly structural.
Not exact matches
And I'd just love to get your thoughts on how we can be confident that that's simply a
cyclical issue as opposed to a bigger secular
issue.
CCA has blamed the decline in sales and earnings on one - off or
cyclical issues such
as weather and weak consumer confidence.
I expressed my views in this regard on WhatsApp last weekend, «Any country in which its elites consider re-electing a president like Buhari just
as thousands of citizens are murdered across the country with not a single person arrested; a president who can not make an intelligent conversation on any policy or global
issue with other global leaders; a president whose EFCC and DSS engage in open confrontation; a regime which crippled the economy and relies on
cyclical movements in oil prices
as its sole economic lever; a regime under which 10 million jobs are lost; and key accusations against top officials are treated with levity; just
as the regime appears complicit in the invasion of its senate by thugs and seizure of mace... such a country is in serious trouble, that is if it isn't doomed.
If we're going to have a monetary - based culture of
cyclical consumption (which, I believe is doomed to fail eventually, but that's another
issue) this is
as certain
as season's change.
Leaving that aside, and also leaving aside the
issues with fitting a 10th order polynomial to such «data» (lots of degrees of freedom...) what is becoming apparent to me is that there is a
cyclical trend that can be linked to physical processes such
as the PDO / AMO,
as well
as a long - term linear trend.