Not exact matches
Given these positive surprises, and because monetary policy must be forward - looking to
achieve our inflation target, Governing Council's discussions focused on three main issues: first, the
extent to which recent strength is signalling stronger economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly
about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.
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.
He set
about some polar exploring of his own, looking at the idea of citizen journalism as an education tool and the
extent to which scientists
achieve an unmediated form of communication through their blogging.
Contrary to what some (softies) might think, classroom management, not caring (i.e., the
extent to which teachers care
about their students and what their students learn and
achieve), is the strongest predictor of a teachers» value - added.
However, I see one massive problem — and it's a problem that no one, Brill included, seems interested in addressing: Everyone wants to tie these new teacher evaluations to student performance data, but no one wants to talk publicly
about the fact that we lack sufficient metrics for truly evaluating the full
extent of whether or not young people are learning and
achieving at high levels.
The way to go
about achieving this is by making sure thatlife insurance cover is adequate, generally we recommend to take a minimum risk cover of atleastto the
extent of 6 to 7 times of your annual income.