Sentences with phrase «by cyclical fluctuations»

Think of them as weather events on the surface of the sun which are driven by cyclical fluctuations in SMFS.

Unemployment can be caused by people changing jobs, by seasonal fluctuations in demand, by changes in the skills needed by employers, or by cyclical fluctuations in the level of national spending.

Not exact matches

Suppose we measure valuation by comparing price P to some measure of earnings E that isn't distorted by cyclical economic fluctuations, and can be used as a reliable, representative, «sufficient statistic» for long - term cash flows.

By our own estimates, we expect the nominal total return on the S&P 500 over the coming decade to average about 3.8 % annually, though with very broad cyclical fluctuations producing that overall result.