Standard and Poors cited strong management, with
good financial policies as a key indicator in raising the County's credit rating.
S&P cited the County's «strong budgetary flexibility that has remained consistent over time,» «very strong liquidity, with strong access to external liquidity,» «strong management, with
good financial policies and practices in place,» and the County's «strong debt and contingent liability profile, with limited exposure to fixed costs associated with pension and other postemployment benefit libation (OPEB) liabilities.»
Strong management Standard & Poor's views the County's management as strong with
good financial policies and practices.
Not exact matches
The
best tools for the job of warding off threats to
financial stability appear to be regulation, supervision and macro-prudential
policy.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as
well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over
financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government
policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
These Americans claim to «support Israel,» but the reality is that their own
financial well - being is sometimes correlated with particular Israeli
policies, like taking out the Iranian regime.
In the grander scheme of things, and as a red flag, this is another asset class that has enormously benefited from asset price inflation, stirred up by the Fed's
well - targeted monetary
policies since the
Financial Crisis.
All young people can do is base their options on what the current health - care rules are today, said Carolyn McClanahan, both a certified
financial planner and an M.D. «The number one thing young people need to do is continue to scream at the politicians to get some
good health legislative
policy in place,» said McClanahan, founder and director of
financial planning at Life Planning Partners.
But the Web is especially
well - suited to teaching technical topics, effective sales and customer - service techniques,
financial skills, product and
policy updates, and things that can be learned step by step, such as drafting a business plan or managing a project.
With more retirees around the world responsible for their own
financial security, the countries that ranked the
best had
policies in place to ensure access to individual or work - based savings programs, according to David Goodsell, who directs investor research for Natixis.
Before incorrectly blaming the Fed and the ECB for their allegedly ineffective monetary
policies, investment strategists would do
well to reflect on the depressive impact of an unreasonable haste to balance budgets, and on political leaders» inability to strengthen the
financial systems (in the U.S. and in Europe) and to negotiate a
better balanced world economy.
The
best way to safeguard
financial stability and improve the balance between economic and
financial risk taking is to put in place
policies that enhance the transmission of monetary
policy to the real economy — thus promoting economic risk taking — and address
financial excesses through
well - designed macroprudential measures.
«Like a
Good Neighbor: Monetary
Policy,
Financial Stability, and the Distribution of Risk.»
Policy makers should raise the statutory borrowing limit «
well ahead of the deadline» in order to «mitigate risks of
financial market disruptions and a loss in consumer and business confidence,» they warned.
This suggests that monetary
policy has the ability to influence
financial stability, for
good or ill.
That experience, together with influential research on monetary
policy, convinced the economics profession that maintaining price stability is the
best — or even the only — contribution monetary
policy can make to promoting a country's economic and
financial well - being.
The question of whether central banks can use monetary
policy to promote
financial stability as
well as price stability has re-emerged from time to time.
The
financial crisis of 2008 - 09 and the recession it caused didn't do much for the reputations of many
policy makers around the world, but they've been quite
good for the careers of Stephen Harper and Mark Carney:
The relationship between monetary
policy and
financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in
financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not
well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.
Canada managed the
financial storm of 2008
better than others because we anticipated risks and acted proactively with public
policy foresight, responsible oversight of our
financial industry, and
better decisions and performance by
financial service providers and our clients than was the case in other countries.
Tiff is a
well - known expert in monetary and
financial systems and has contributed articles to academic journals, as
well as providing chapters and commentaries on monetary and
financial sector
policy and international economics in books and conference proceedings.
Candidates are really
good at pushing emergency solutions and one - time programs,» said Jaret Seiberg,
financial services
policy analyst at Guggenheim Securities.
This area covers
policies and regulations, such as prudential or consumer regulations, as
well as technology and other competitive pressures affecting the
financial services industry,
financial markets and the
financial system as a whole, and their ability to effectively perform their core economic functions.
During his tenure as chairman, Bernanke was acutely aware of the public's deep resentment of the Fed's emergency bailout of
financial giants such as AIG as
well as
policies that inevitably favored the wealthy by spurring the stock market.
The bottom line is that the American public is being fed a carefully crafted mythology (no doubt «market tested» on «response groups» to see which images fly
best) to mislead the American public into misunderstanding the nature of today's
financial problem — to mislead it in such a way that today's
policies will make sense and gain voter support.
The Blog brings together various stakeholders to explore current trends,
best practices and
policy initiatives relating to Canadian corporate law, securities regulation and
financial markets generally.
The Bank of Canada will continue to focus on what it does
best: supporting the economic and
financial well - being of Canada by achieving low, stable and predictable inflation; by keeping core
financial market infrastructure safe; and by giving sound advice on
financial sector
policies so that vulnerabilities do not get in the way of sustainable, productive growth for all Canadians.
We intend the discussion of our
financial condition and results of operations that follows to provide information that will assist in understanding our Combined and Condensed Combined Financial Statements, the changes in certain key items in those financial statements from period to period, and the primary factors that accounted for those changes, as well as how certain accounting principles, policies and estimates affect our Combined and Condensed Combined Financial St
financial condition and results of operations that follows to provide information that will assist in understanding our Combined and Condensed Combined
Financial Statements, the changes in certain key items in those financial statements from period to period, and the primary factors that accounted for those changes, as well as how certain accounting principles, policies and estimates affect our Combined and Condensed Combined Financial St
Financial Statements, the changes in certain key items in those
financial statements from period to period, and the primary factors that accounted for those changes, as well as how certain accounting principles, policies and estimates affect our Combined and Condensed Combined Financial St
financial statements from period to period, and the primary factors that accounted for those changes, as
well as how certain accounting principles,
policies and estimates affect our Combined and Condensed Combined
Financial St
Financial Statements.
The Company subsequently supplemented this
policy with an overlapping clawback
policy that requires all executive officers, as
well as the next 20 most highly compensated employees, to forfeit previously awarded compensation if the payments were based on materially inaccurate
financial statements or any other criteria that are later proven to be materially inaccurate.
This
policy has contributed to creating a more stable economic environment relative to that of previous decades and has allowed households and businesses to make
better long - term
financial plans.
We hypothesize that, having learned from the misadventures of the 1960s, the
policy elites,
well versed in the practice of
financial engineering and market manipulation, would have seen no need to dump stocks of government gold reserves onto the market, 1960s style, to keep the price in check.
She played a leading role in the regular UK - China Economic and
Financial Dialogues, and Prime Ministerial Summits, and the once in a decade President Xi's visit to the UK, and helps develop
policy objectives as
well as inward and outward investment opportunities between the UK and Asia.
Here is an excerpt: «The NDP in 1991 was not in a
good position given the depth of the recession underway, the implacable anti-inflationary obsession of the central bank then still under the leadership of the zealous zero inflation
policies of John Crow and the implacable opposition of the
financial press.
«A new U.S. rule aimed at restoring consumers» ability to band together to sue
financial companies has survived its first challenge, as a top banking regulator on Monday said he would not petition for it to be suspended... «The rule is a well thought - out response to the serious consumer harm of forced arbitration,» said Brian Marshall, policy counsel for advocacy group Americans for Financial Refor
financial companies has survived its first challenge, as a top banking regulator on Monday said he would not petition for it to be suspended... «The rule is a
well thought - out response to the serious consumer harm of forced arbitration,» said Brian Marshall,
policy counsel for advocacy group Americans for
Financial Refor
Financial Reform.»
Prime Minister Najib Razak was the
best thing going for the ruling coalition in Malaysia's last elections, but he's a hindrance this time because of
financial scandals and government
policies blamed for a rising cost of living.
«' The standard of conduct the agency has articulated appears ambiguous at
best,» Marcus Stanley,
policy director at Americans for
Financial Reform, said in a statement.
But overall
financial conditions are arguably a
good deal more restrictive than suggested by
policy rates, especially in the United States, where the interest rates paid by many borrowers have not declined much, if at all, and lenders have toughened their standards considerably.
Some would argue that by acting cautiously on balance sheet normalization (without actively countering impacts of ECB
policy measures), Fed policymakers have partially ceded control of
financial conditions to foreign monetary authorities, but the same can be said about other central banks as
well, for long - term rates are correlated among advanced economies:
http://www.bloomberg.com/news/2011-08-29/give-marx-a-chance-to-save-the-world-economy-commentary-by-george-magnus.html
Policy makers struggling to understand the barrage of
financial panics, protests and other ills afflicting the world would do
well to study the works of a long - dead economist: Karl Marx.
The below chart illustrates U.S. oil production (in gold) vs. FED's balance sheet (in blue), and how overproduction from accommodative monetary
policy resulted in the sharp decline in oil prices, creating a systemic risk that was again transmitted from
financial and commodity markets to the real economy (in job losses and slow growth in Texas and other oil producing states, as
well as the decline in headline inflation, pushing the Federal Reserve further from the price stability objective):
But the roots are global as
well and at least one of the roots is
financial repression which is the major central bank's
policies over the last nine years of recovery to drop interest rates to zero to buy risk assets, to push investors into risk assets and generate a lot of liquidity and credit.
The
Financial Repression Authority (FRA) educates investors, funds and retirees on the adverse risks resulting from good - intentioned macroprudential central bank and government policies and regulations focused on controlling excessive government debt, attempting to stimulate economic growth, and minimizing the potential for financial and economi
Financial Repression Authority (FRA) educates investors, funds and retirees on the adverse risks resulting from
good - intentioned macroprudential central bank and government
policies and regulations focused on controlling excessive government debt, attempting to stimulate economic growth, and minimizing the potential for
financial and economi
financial and economic crises.
Investment professionals who have long relied on Bloomberg for its suite of
financial data and analytics now have access to research from Glass Lewis on matters not
well covered by traditional investment research: accounting
policies,
financial statement transparency, corporate governance, litigation and regulatory developments, related - party transactions, executive compensation and board of director independence and quality, among others.
Rather than hold onto outmoded ideas ideas like the Phillips Curve, which may have made sense when the US was a more insular economy, there are
better ways to think of monetary
policy from a structural standpoint of how
financial firms work.
They failed to take credit or make the case for the economic upturn, and how their
policies have much to do with lower unemployment (5.8 %), significant debt reduction, healthy corporate balance sheets, greater
financial stability (Dodds - Frank), record stock market numbers, as
well as reducing the gap between high earners and the middle class through Obamacare and reducing the Bush tax cuts.
We place a
good deal of weight on the range of
financial variables in the economy — monetary
policy works, after all, by changing
financial prices.
He added, «It's always
best to sit down with a
financial professional or insurance agent to determine the opportune time to move from one
policy to the other or to keep both (types of)
policies in place.»
In Australia, as
well as reflecting the favourable overseas developments,
financial markets have been influenced by the run of strong local economic data, with the result that markets had begun to anticipate some tightening of monetary
policy ahead of the Board's November decision, though a rise in cash rates had only been fully priced for the December meeting.
Aside from the payout and term length, there are a few ways that term
policies differ that are important to understand when choosing the
best one to fit your
financial situation:
Amid signs of stronger economic growth and a pick - up in inflation, as
well as easier
financial conditions, the Federal Open Market Committee, the
policy arm of the U.S. central bank, is expected to raise its key federal funds rate in March by a quarter percentage point to a target range of 0.75 % to 1.00 %, says Ellen Zentner, Morgan Stanley's Chief U.S. Economist.