Now, with
equity prices elevated, they will need to deliver.
Not exact matches
The minutes of the Fed's June meeting noted that «some participants suggested that increased risk tolerance among investors might be contributing to
elevated asset
prices more broadly; a few participants expressed concern that subdued market volatility, coupled with a low
equity premium, could lead to a build - up of risks to financial stability.»
«China, the recent growth engine for demand, remains underpenetrated, and should remain accretive, and the North American consumer remains healthy thanks to the wealth effect (
equity markets and home
prices remain
elevated supporting consumer willingness to spend),» she said in an email to CNBC.
If anything should be clear from the bubbles of recent years, the greatest risks are not when
prices are depressed, the economy is weak, and investors are frightened, but rather when
prices are
elevated and an unendingly positive outlook for technology, or housing, or global growth, or private
equity, or emerging markets, or commodities seems all but certain.
In response to fresh measures of economic weakness last week, coupled with an
elevated ratio of gold
prices to gold
equity prices and negative real interest rates, the Fund boosted its holdings of precious metals shares to about 10 % of assets.
I accept that, and will be willing to concede my argument is flawed if their
price remains
elevated in 2 or 3 years... but within any
equity market a few months matter not.
Some key differentiators between corporate and service providers and firms include: structure (corporate vs. partnership); incentives (
equity vs.cash distribution); performance standards (output vs. input); reliance on technology and process (significant vs.marginal);
price (fixed / reduced vs. hourly /
elevated); and customer - centricity (aligned vs. misaligned).