More importantly, however, investors should recognize that the presence or absence of immediate
economic pressures does nothing to change the likelihood that stocks, from their current valuations, will achieve negligible returns in the coming 5 - 7 years.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin
pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global
economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global
economic uncertainty or otherwise; 8) the effect of
economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of
doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Indeed, the evidence I reviewed
does not support the view — expounded by the new Bank of Japan management — that by buying more longer - dated securities (i.e., running printing presses a bit faster) will boost upward
pressures in labor and product markets to bring stronger
economic growth and an inflation rate of 2 percent.
Most China analysts believe Chinese president Xi Jinping feels increasingly confident of his ability to withstand
economic pressure from the U.S. and predict the Chinese leader will
do almost anything to avoid domestic perceptions that he has surrendered to American bullying.
If the Fed doesn't fasten its pace, those inflation
pressures could accelerate and cause an
economic headache, Doty added.
In summary, a 23 - year period in which the US economy achieved the strongest real growth in its history is strangely characterised in some quarters as a «great depression», quite likely because so many economists and historians
do not understand that real
economic progress puts DOWNWARD
pressure on prices.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate
pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation
pressures, particularly if we
do observe
economic weakness.
Even if we
do observe
economic weakness, it's not likely in my view that the Fed will have much leeway to cut rates, due to persistent inflation
pressures (which have historically been associated with profligate government spending of precisely the sort that has been revived in the past few years).
Will the
economic uncertainty again put more
pressure on body politic to
do something for those people that are feeling the impact most acutely of that weaker growth prospect?
«It
does put
pressure on everybody in difficult
economic times, but we've been a pretty efficient manufacturer,» Stewart says.
Until men and women can be confident of finding jobs that pay the same rate, it will remain too easy for couples to slip into the «traditional» model where the man brings home more of the bacon and the woman
does the lion's share of the childcare, out of
economic pressure rather than free choice.
The best part of # 50bn is a lot of money and
economic growth can only
do so much to reduce spending, particularly when employment is already high and political
pressure means that cutting the benefits bill further or pensioners» benefits at all is a no - no.
Gillibrand, a resident of Greenport in Columbia County, said that while Marcellus Shale gas would provide an
economic shot in the arm, she doesn't want to support hydrofracking until she has answers to questions about the process of pumping chemicals under intense
pressure into the shale formation.
With all of the
pressures of the mounting
economic storm blowing across the Euro zone, challenging Ed Miliband to mould a realistic alternative to the economics of the mad house, there will be many who will understand why seemingly more parochial issues
do not necessarily merit the same degree of attention from him.
Although some key
economic indicators suggest an improving economy, property tax growth is slow and the
pressure remains on local governments to
do more with less.»
Last year, he signed an executive order barring New York State from
doing business with any company participating in the «Boycott, Divestment and Sanctions» movement, which seeks to exert
economic pressure on the Jewish State.
Pan: Per capita, they are still obviously way behind the United States and other industrial nations and there is this argument that the United States and the West, you know, they went through their industrial revolutions and we need to go through ours, but still that ignores the argument that the others, the lessons learnt, you know, China should be able to take a different path and there is a budding environmental movement right now in China, trying to put
pressure on the government to
do something about this, but again, you know, these officials are addicted to
economic growth.
From this perspective, today's epidemic says as much about social attitudes and
economic pressures as it
does about actual anxious feelings.
Even if
economic pressure forces sugar beet producers to go back to non-GMO, this doesn't mean natural.
Add in things like employment and
economic worries, along with the daily
pressures of life and it can be difficult to remember to take things «one day at a time» - even more difficult if the man or woman in your life doesn't understand the struggle you're dealing with to stay sober.
Lifelong learning arrangements, particularly those in informal and non-formal settings, can confer a number of benefits: they can provide people who live in countries that
do not have universal education with access to learning opportunities on a continuous basis; they can address the problem of conventional formal schooling being too far removed from local cultural and social environments; and they can alleviate
economic hardship, particularly for young people in developing countries who may experience strong
pressures to earn income to help support their families or, particularly if they are girls, to take on significant responsibilities at home (1, 4).
«There is little social
pressure to graduate from high school and they often don't understand the
economic returns from education.»
They depend for their prosperity on foreign markets, and
do respond to
pressure when they see it as in their
economic interest.
It's also incredibly short - sighted to
do this kind of «reactive planning» and not include any issues related to resource constraints except as indirect
economic pressures.
In a quick post last night, I noted one hard reality — that it will be
economic pressures, not scientific findings, that largely determine what the world's nations
do, or don't
do, to limit the flow of heat - trapping carbon dioxide from fuel burning.
The
economic crisis has
done little to sharpen the
pressure for action to tackle climate change.
But communities didn't want to lose the tax money and
economic activity that comes with construction, and congressional representatives soon started
pressuring flood insurance administrators to lower premiums, change flood plain maps and let states make development decisions, said Bob Hunter, who ran the flood insurance program from 1974 to 1977.
And her monthly operating expenses of $ 250 allow her to
do whatever she wants with her life without the
economic pressures most homeowners suffer.
We have much to
do to return our air, our water and our land to the bloom of health, as untrammeled
economic development and population growth have exerted tremendous and often destructive
pressure on the environment.
They grew out of endemic problems with mountaintop removal that have been getting worse, putting mounting legal, regulatory and
economic pressure on the companies that
do it.
The reason Gibbs cites the transition from most of forest clearing being
done by small - scale farmers (as was the case in the 80s) to agribusiness (from the 1990s onward), is that «Big agribusiness tends to be more responsive to global
economic signals as well as
pressure campaigns from advocacy organizations and consumer groups than individual small farmers.»
With high prices threatening to endanger
economic recovery, constituents will
pressure Washington to «
do something.»
But strong
pressure to
do so will exist in times of
economic downturns, as the legal profession is now facing by reason of the problem of unaffordable legal services.
And in this
economic downturn,
do firms feel more
pressure to accept all clients that pass the threshhold test rather than making the kinds of strategic choices that MacEwen recommends?
This salary increase will
do nothing but increase the
economic pressures that drive wedges between clients and some of their lawyers.
In such cases
economic and political
pressure are permitted as long as it
does not rise to the level of a tortious or criminal act.
«Careful planning
does not preclude social,
economic and political
pressures leading to changes»
Tim Bull, partner at RPC, says: «As
economic pressures increase, so generally
does the number of professional negligence claims, as those nursing losses caused by the downturn try to lay the blame at the door of their professional advisers.
# 1 Continued
economic and geo - political uncertainty will be the business story of 2015 resulting in businesses coming under increasing
pressure to review the costs of
doing business, and... OMG even the costs of legal services, both internal and external.
Never before have young adults been so free to
do what they want, but never before has it been so hard for them to find their place in the world, in the face of unprecedented challenges and
pressures —
economic, relational, sexual, personal — that leave many paralyzed, unable to move forward.