Not exact matches
Now with those same - restaurant sales
assumptions and accelerated new restaurant growth, we
expect meaningfully stronger earnings growth in fiscal 2013 than we had in fiscal 2012, and that's because we were burdened in 2012 with food cost
inflation headwinds that we don't anticipate in 2013.
On the
assumption that there are no second - round effects of the GST, resulting from stronger wages growth, the year - ended CPI
inflation rate is thereafter
expected to return to the target zone, as the GST impact drops out of the calculation.
Another factor in holding down the 2011 deficit was that measured
inflation was low, there were no cost of living adjustments [COLAs], when
assumptions expected 2.5 % or so.
The parameters are:
expected total returns, returns in the form of distributions,
inflation assumptions, turnover and tax rates on distributions and capital gains.
No matter where markets are on the continuum from very cheap to very expensive, traditional Advisors will make recommendations on the
assumption that investors should
expect 6.5 %
inflation adjusted returns on stocks over all investment horizons.