Trade and
financial shocks in the form of collapsing commodity prices and reduced availability of external financing have worsened Latin America's economic prospects in the past year, according to an issue brief from Rice University's Baker Institute for Public Policy.
How has this happened, when everybody from the Bank of England to the International Monetary Fund, from Barack Obama to Shinzo Abe, from the Trades Union Congress to the Confederation of British Industry, have all warned of the major
financial shocks in the near term and economic decline and geopolitical irrelevance in the long term after a vote for Brexit?
When you look back on this moment in history, remember that many investors ruled out the possibility of major losses over the completion of the current market cycle because they presumed relationships that could not be established in the data, and assumed the absence of any material economic or
financial shock in the coming years.
There will be a «grey swan»
financial shock in 2015 (choose from any of the ten known potential flash points).
Not exact matches
The government would also have less ability to respond swiftly and strongly
in the event of a
shock to the
financial system.
Sectors dealing with over-capacity issues like steel and coal are doing «quite well»
in China, Gao added, meaning there are fewer concerns about non-performing loans and the resulting
shocks to
financial stability.
The most optimistic economists assume the turbulence
in global
financial markets will recede once the initial
shock of Brexit passes.
In response to a question about whether a rate cut amounted to pouring gasoline on the overheated housing market, Poloz said «We admit that these conditions are likely to cause financial imbalances,» in some cases, but that the Bank's primary goal is to ameliorate the «financial shock» to the economy caused by the drop in oil price
In response to a question about whether a rate cut amounted to pouring gasoline on the overheated housing market, Poloz said «We admit that these conditions are likely to cause
financial imbalances,»
in some cases, but that the Bank's primary goal is to ameliorate the «financial shock» to the economy caused by the drop in oil price
in some cases, but that the Bank's primary goal is to ameliorate the «
financial shock» to the economy caused by the drop
in oil price
in oil prices.
Many said they were
shocked by the
financial surprises they have encountered
in retirement.
I would encourage you to remember that the current low levels of interest rates, while
in the first instance a reflection of the Federal Reserve's monetary policy, are
in a larger sense the result of the recent
financial crisis, the worst
shock to this nation's
financial system since the 1930s.
He warned before the
financial crisis that inflation would cause a
shock, and after the crisis that central banking policy would ultimately force a reckoning
in stocks.
A study last year by the C.D. Howe Institute suggested that one out of every 10 mortgage - indebted households
in Canada was «extremely vulnerable» to an economic or
financial shock — a figure that's likely only increased since.
Another reason we might be interested
in Soros is that he made much of his fortune trading volatility arising from monetary and
financial shocks during the 20 years to 1992.
More from Your Money Your Future: Five ways to bulletproof your estate plan Here's what happens when you save too much
in your 401 (k) 4 great ways to head off a
financial shock
They also fear that at such elevated levels, many Canadian households would be unable to withstand a
financial shock such as a loss of income, or a sudden spike
in interest rates that raised debt services charges.
In 2016's test, Royal Bank of Scotland, Barclays, and Standard Chartered came up lacking, with RBS forced to submit plans to the PRA — the BoE's regulatory arm — detailing how it would raise capital and boost resilience to
financial shocks.
Banks
in some countries are particularly exposed to the VAR
shock, including Italy, whose
financial institutions hold 18 % of their assets
in Italian government debt, up from 12 %
in 2008.
Young workers
in their 20s and 30s face the prospect of an uncertain economy increasingly vulnerable to
financial shocks.
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and
financial panics; oil
shocks; a flu epidemic; and the resignation of a disgraced president.
One of the
shocking realities that is present
in many of these «investment opportunities» is a relative absence of pertinent
financial information.
The central bank, based
in Frankfurt, used typically understated and technical language to describe its actions, but it appears to have done what its leadership said throughout 2011 that it would not do: namely, flood the
financial markets with euros
in a Hail Mary attempt to make sure that the region's sovereign debt crisis does not lead to a major
financial shock.
In the presence of such vulnerabilities, an event such as an adverse macroeconomic
shock can stress the
financial system or even trigger a crisis.
To conclude, over the past decade and
in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability
in real economic activity
in the face of enormous
shocks, experienced a fairly low average rate of unemployment, and had a stable
financial system as well.
Second,
financial logic embodied
in the celebrated Modigliani Miller theorem and suggested by common sense holds that substantial reductions
in leverage, if achieved, should be associated with reduced volatility, reduced sensitivity to
shocks and lower risk premiums.
According to an article
in today's
Financial Times, OPEC is
shocked by how many hedge funds really have no clue about how the oil market works.
But recovering from a
shock like the global
financial crisis can be a long drawn - out process — just as it was
in the 1930s — as consumers and businesses repair their balance sheets and rebuild their confidence
in the future.
So with the modest - at - best global recovery after the still front - of - mind global
financial crisis trauma from 2008 - 2009, markets are understandably preoccupied with the scope for unpleasant
shocks, particularly given that expansion
in the developed economies is now approaching a seventh year.
On the other hand, were an economic
shock to cause a faster - than - anticipated rise
in global policy rates, these positions could be reversed very sharply, causing dislocation
in financial markets.
The
financial repression process begins at the monetary policy level as a response to some
shock In the economy.
Although headline - grabbing days induce fear,
in reality last week's events left markets close to their mid-June levels, with investors taking prices down
in a way consistent with political
shocks as opposed to
financial system
shocks.
His work focuses on
financial regulation, corporate law, contracts, and cross-border transactions and disputes, and his most recent article, «Boilerplate
Shock: Sovereign Debt Contracts as Incubators of Systemic Risk,» examines the role of
financial contracts
in the Eurozone sovereign debt crisis.
We believe the economic and
financial backdrop for European stocks has improved and the region is better able to weather unexpected
shocks than
in recent years.
Yet perhaps the biggest
shock of them all was the resilience of
financial markets
in the aftermath of both the Brexit vote and Donald Trump's U.S. election victory.
It has been five years since the collapse of investment bank Lehman Brothers Holdings, a
shock point
in an era that saw the takeover or shutdown of many household - name
financial institutions and the meltdown of the stock and housing markets.
Many STEM - intensive industries such as the
financial services sector still have a
shocking under - representation of female employees, especially
in asset management and senior leadership roles.
The
shocking truth is that less than 10 % of all
financial advisors
in the United States follow the fiduciary standard — which legally requires
financial advisors to put your interests ahead of their own.
In some of these companies the departure of the CEO coincided with a dramatic change in market conditions or some other external shock such as the global financial crisi
In some of these companies the departure of the CEO coincided with a dramatic change
in market conditions or some other external shock such as the global financial crisi
in market conditions or some other external
shock such as the global
financial crisis.
It's absolutely
shocking how many people graduate from college, saddled
in debt, loaded up with specialized knowledge, yet have never been taught
financial literacy and the basics of entrepreneurship.
In the OBR's view, the aftermath of this
shock continues to weigh on the productivity of the UK economy, with credit rationing and impaired
financial markets potentially impeding the expansion of successful firms.
The results show that pension schemes across these countries could face a combined funding shortfall of $ 773bn if confronted with a significant
financial shock that triggered a further fall
in interest rates and a rise
in inflation.
We've just about had everything — from lipstick on a pig all the way to a full - on
financial panic, with two ongoing wars and the lingering effects of an oil - price
shock playing
in the background.
The ABI today launches a national campaign to help the UK's most vulnerable families
in rented accommodation cope with a
financial shock, such as a burglary or a flood.
there is a larger than anticipated impact of our
financial crisis and deleveraging on potential output; there has been the global commodity price
shocks, exacerbated here by our depreciated exchange rate; and, of course, there is the ongoing uncertainty
in the eurozone which is now acknowledged to be having an impact on growth and investment across the world, from the US to China.
Then the PIP announcements were just
shocking, but not simply for
financial reasons, as spending is actually going up year on year
in real terms.
In fact, world wars and the accumulated budgetary and political shocks of the interwar period saw low savings rates, collapses in foreign capital and financial chao
In fact, world wars and the accumulated budgetary and political
shocks of the interwar period saw low savings rates, collapses
in foreign capital and financial chao
in foreign capital and
financial chaos.
The political crisis created by the MPs» expenses scandal, the
shock of the
financial and economic crisis and the erosion of trust
in big government has created the conditions for an unexpected revolution.
Twice he emphasised that the FSA's report into the scandal found the worst abuses occurred
in the build - up to the
financial crisis, under Labour, calling the report «a
shocking indictment of culture at banks like Barclays
in the run up to
financial crisis.»
The Minority NDC
in Parliament has received with
shock details of yet another action taken by the Minister of Finance, Hon. Ken Ofori - Atta, which is not only a usurpation of the role of the Board of Director of a listed company, the Agricultural Development Bank (ADB), but also a confirmation of the increasing cases of
financial and procurement malfeasance being superintended by the Minister.
«With the exception of Chad, which already had a program
in place with the IMF prior to the oil price
shock, we have not received any new request for
financial assistance from sub-Saharan African oil exporters,» the IMF spokeswoman added.
And many of those who lost their jobs
in the wake of the global
financial crisis and the continuing restructuring we see
in many sectors, are
shocked when they discover how little help they were entitled to, despite the contributions they had made over the course of their working lives.