Not exact matches
To some extent, stock market action also implies expectations for slower economic growth, though interest rate signals, such as a
flat yield
curve, are more suggestive of slow growth than stock market action is, and we've
yet to see a substantial widening of credit spreads that would suggest imminent recession.
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.
The reasons varied: «It was all nonsense»; «It's too early to consider an alternative to Newton»; «There is no trouble
yet; the
flat rotational
curves will be resolved in other ways.»»
It ever so slightly hugs my
curves,
yet has a nice
flattering wide leg silhouette.
Yet it also stays
flat through S -
curves, and its staggered Michelin tires break traction only when we apply generous amounts of throttle coming out of turns.
Together, these statistics demonstrate the Aston Martin engineers» ability to create a «
flatter»,
yet «fatter», torque
curve which supports exceptional driveability and strong pick - up through the gears.
The 4S that will be the starter performance model, priced at just under $ 100k, features a relatively miniscule
yet rev - happy 2.9 liter V6, with the very welcome addition of two small but potent, mid-mounted turbochargers, producing 440 horsepower and 405 ft - lbs of torque - the
curve of which is pancake
flat and stretches from 2000 to 4500 rpm.
What the image also highlights is a completely
flat rear and not the
curved backs that we now have in the current iPads, something that will make it much more in line with the iPhones, which are known for their simple (
yet sleek) clean lines.
They have a subtle
curve that provides
flatter display area and distorts the image on the screen less,
yet still manages to make the Note 7 narrower than if it had a fully
flat display.