In addition to that political advantage,
this equity argument made vouchers seem part of school reform.
Not exact matches
A strong
argument could be
made that the stock market has changed to such a degree that
equity prices are operating on a new plateau.
In fact, a strong
argument could be
made that today's
equity market is the most overextended in the history of the New York Stock Exchange.
Yet an
argument can be
made that what the Fed was really worried about is not the level of
equity prices, but their volatility.
We believe
equities outside the United States look exceedingly attractive in the current environment relative to US stocks.2 The
argument for non-US stocks today in many ways resembles the case for value stocks that we've been
making over the past 18 months.
The
equity issue, then, seems to matter a great deal to disadvantaged parents, and they appear to connect it to private - school choice in a way that is entirely consistent with the
argument voucher advocates have been
making for the past decade: that choice is a way of promoting social
equity.
The report
made a compelling
argument to introduce a «base rate» level of funding per student, known as the Schooling Resource Standard (SRS), with extra loadings on top based on a number of
equity categories.
They address some of the self - justificatory blather («it's the most hated bull market in history,» to which they reply that sales of leveraged bull market funds and
equity exposure by market - timing newsletters were at records for 2014 and much of 2015 which some might think of as showin» some lovin»), then
make two
arguments:
I could
make an
argument that AAPL will see multiple expansion in 2012 if the market goes up (on simple allocation math), and will see multiple compression in 2012 if the market goes down (again, as allocation dollars move away from
equities, dollars will leave AAPL too, helping to support the super bearish
argument on the stock).
In his book, Active Value Investing, Vitaliy Katsenelson
makes a compelling
argument that
equity markets are now trapped in a range - bound market that he estimates will last until 2020 or so.
but, many of your
arguments are deeply flawed: That
equities have
made good returns since 1926 is pointless for a number of reasons: Firstly, most people do not have 85 years or an arbitrarily long period of time to save up for retirement.
In summary, a strong case can be
made that the US emissions reduction commitment for 2025 of 26 % to 28 % clearly fails to pass minimum ethical scrutiny when one considers: (a) the 2007 IPCC report on which the US likely relied upon to establish a 80 % reduction target by 2050 also called for 25 % to 40 % reduction by developed countries by 2020, and (b) although reasonable people may disagree with what «
equity» means under the UNFCCC, the US commitments can't be reconciled with any reasonable interpretation of what «
equity» requires, (c) the United States has expressly acknowledged that its commitments are based upon what can be achieved under existing US law not on what is required of it as a mater of justice, (d) it is clear that more ambitious US commitments have been blocked by
arguments that alleged unacceptable costs to the US economy,
arguments which have ignored US responsibilities to those most vulnerable to climate change, and (e) it is virtually certain that the US commitments can not be construed to be a fair allocation of the remaining carbon budget that is available for the entire world to limit warming to 2 °C.
And so although it may not be possible to say precisely what
equity requires of nations in advance, strong
arguments can be
made that some national commitments fail to satisfy reasonable interpretations of what
equity requires.
Although a strong case can be
made that historical ghg emissions before 1990 should be considered in determining a nation's fair share of safe global emissions, selecting a common baseline year such as 1990 would facilitate easier citizen comparison of national commitments while retaining the rights of nations to
make arguments that historical ghg emissions should be considered in any
equity framework.