Not exact matches
Forward - looking statements include, without limitation, statements regarding the
future business plans, earnings and performance of Yum China, anticipated effects of population and
macroeconomic trends, statements regarding the capital structure of Yum China, and beliefs regarding the long - term drivers of Yum China's business.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices;
macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy
future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
Active management encompasses hundreds of methods, and includes fundamental analysis, technical analysis, and
macroeconomic analysis, all having in common an attempt to determine profitable
future investment
trends.
I don't focus on major
macroeconomic trends or try to predict the
future, and my success doesn't hinge on my ability to do so.
Today, Part 1 deals with the
macroeconomic picture (but in a
future post, I will also share my thoughts on momentum /
trend - following etc. as requested by some readers).
In addition to these short - term
macroeconomic conditions and competitive
trends, we identify four mega
trends which are likely to influence the
future shape and direction of the world of work and therefore how we manage our business and develop our strategy.