Judith, The opposite conclusion concerning the influence of
increased uncertainty in the two alternatives is due to hidden assumptions.
«Undoubtedly the problems in the euro zone have
increased uncertainty in the private sector making investors highly risk averse to investment.
The pull back to 3 % is driven by
increased uncertainty in the markets in the last 20 years.
At the time, I wrote that «the chief effect of Wednesday's action and accompanying statement is to once again
increase uncertainty in financial markets» (O'Driscoll 2015).
As the social structure became more complicated, with increasing power in the hands of a few and
increasing uncertainty in the status of the many, economic inequality became more, rather than less, pronounced and the slave system was alike more firmly established and more ethically troublesome.
This «autocorrelation» leads to spurious short term trends, in other words
it increases the uncertainty in the trend.
Current limitations of ice - sheet modelling also
increase uncertainty in the projections of 21st - century sea - level rise (Meehl et al., 2007 Section 10.6.4.2) used to assess coastal impacts in this report.
As a result, I suspect that applying the volcanic correction actually
increases the uncertainty in the trend of the adjusted series, because of the uncertainty in the correction.
So more breakpoints, shorter segments,
increases the uncertainty in the Temperature Anomaly data stream.
You might reduce mean sq error of the segment, but by shortening the segment
you increase the uncertainty in the slope of the segment, the key metric that BEST seeks.
Attributing the 1900 - 1940 changes in this SST / Global anomaly difference, you need to be wary of
the increasing uncertainty in the SST & Global temperature anomalies for earlier parts of the temperature record.
With high valuations and
increasing uncertainty in the world's stock markets, it is no surprise that investors are looking for stable alternatives for investing their money...
In line with
increasing uncertainty in global economies, top talent is likely to be attracted to organisations able to demonstrate strong financial backing, positive management culture, and tangible competitive advantages in their industry.
Not exact matches
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.
«A notable
increase in global protectionism remains the most important source of
uncertainty facing the Canadian economy,» the central bank said
in its quarterly report on the economy.
These risks and
uncertainties include, among others: the unfavorable outcome of litigation, including so - called «Paragraph IV» litigation and other patent litigation, related to any of our products or products using our proprietary technologies, which may lead to competition from generic drug manufacturers; data from clinical trials may be interpreted by the FDA
in different ways than we interpret it; the FDA may not agree with our regulatory approval strategies or components of our filings for our products, including our clinical trial designs, conduct and methodologies and, for ALKS 5461, evidence of efficacy and adequacy of bridging to buprenorphine; clinical development activities may not be completed on time or at all; the results of our clinical development activities may not be positive, or predictive of real - world results or of results
in subsequent clinical trials; regulatory submissions may not occur or be submitted
in a timely manner; the company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction
in payment rate or reimbursement for the company's products or an
increase in the company's financial obligations to governmental payers; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the company's products; the company's products may prove difficult to manufacture, be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse; and those risks and
uncertainties described under the heading «Risk Factors»
in the company's most recent Annual Report on Form 10 - K and
in subsequent filings made by the company with the U.S. Securities and Exchange Commission («SEC»), which are available on the SEC's website at www.sec.gov.
Turkey is set to continue struggling
in 2017 on the back of growing terrorist acts, falling tourism figures and
increased political
uncertainty.
Because such statements relate to events or conditions further
in the future, they are subject to
increased levels of
uncertainty.
But I get worried that
in a world of
increasing economic
uncertainty that more and more people are getting «stuck» and getting lied to and are scared about what is happening.
However,
uncertainty around the M&A playbook and
increased net leverage to 3x marks a shift
in what would otherwise be a clean thesis,» analyst Amy Yong wrote
in a note to clients Wednesday.
Still, those same
uncertainties are currently getting
in the way of new - employee hiring and
increased paychecks.
But
uncertainty in exports has
increased significantly, and the dependence of the Chinese economy on domestic demand is rising,» Zhong concluded.
Finally, the recent election of the NDP government, while not a signal that the project would be derailed, was certainly a source of further regulatory
uncertainty and likely
increases in production cost.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition
in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result
in increased inventory and reduced orders as we experience wide fluctuations
in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result
in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations
in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political
uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs
in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those
in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting
in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting
in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing
uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing,
increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed
in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
The researchers said the challenges would lead to an
increase in the number of people uninsured due
in part to the heightened
uncertainty for insurers and beneficiaries.
After years of economic expansion, the Turkish economy is set to continue struggling
in 2017 on the back of growing terrorist acts, lack of structural reforms, falling tourism figures and
increased political
uncertainty.
In fact, this kind of negotiated tax increase might be a far preferable outcome for the world's savers, investors and high - income earners than the increasingly likely alternative: persistent uncertainty over the global financial system or the consummation of that uncertainty in an asset - value - destroying economic downtur
In fact, this kind of negotiated tax
increase might be a far preferable outcome for the world's savers, investors and high - income earners than the increasingly likely alternative: persistent
uncertainty over the global financial system or the consummation of that
uncertainty in an asset - value - destroying economic downtur
in an asset - value - destroying economic downturn.
«Although we expect that the Greek government will implement the required measures, the risk of early elections is
increasing given the rising political cost to the government and its slim majority
in the parliament... Early elections might bring a new and more reform - minded conservative government, but Greece's economy would be hit again by prolonged
uncertainty, after having just started to record positive growth,» Moody's said.
Smart business owners know that a strong credit policy can save them a lot of money, especially as
uncertainty in the economy
increases.
[T] he dramatic
increase in leveraged bond positions by both US hedge funds and mundane money managers set
in motion self - reinforcing liquidations once
uncertainty over emerging markets including Turkey, Venezuela, Mexico, and Malaysia - all of which experienced sharp capital flow volatility - put pressure on speculative positions.
In a paper co-authored with colleagues at Stanford and the University of Chicago, Bloom estimates an increase in policy uncertainty between 2006 and 2011 might have shaved up to 2.3 percentage points off GDP growt
In a paper co-authored with colleagues at Stanford and the University of Chicago, Bloom estimates an
increase in policy uncertainty between 2006 and 2011 might have shaved up to 2.3 percentage points off GDP growt
in policy
uncertainty between 2006 and 2011 might have shaved up to 2.3 percentage points off GDP growth.
These risks and
uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth
in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures
in European countries that may
increase the amount of discount required on Gilead's products; an
increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift
in payer mix to more highly discounted payer segments and geographic regions and decreases
in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations
in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations
in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials
in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations
in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates
in the timelines currently anticipated; Gilead's ability to receive regulatory approvals
in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta
in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes
in its stock price, corporate or other market conditions; fluctuations
in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time
in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
Finding a significant
increase in the number of mini flash crashes
in the early minutes of trading on October 15, 2014 would help explain the origins of the October 2014 U.S. Treasury Bond Flash Crash and reduce the causal
uncertainty surrounding the flash crash.
In the context of
increasing complexity, competitiveness and
uncertainty, experienced professionals are recognizing the need to enrich their skills and deepen their professional networks.
Uncertainty about the U.S. presidential race
in the near term may produce periods of volatility for the U.S. dollar, yet RBC maintains that the U.S. currency will post modest gains against the Euro, Canadian dollar and sterling as markets look for a U.S. Federal Reserve policy rate
increase in the first half of 2017.
LONG - TERM OUTLOOK: «High levels of policy
uncertainty and regional divergences will cause higher dispersion across and within asset classes,
in our opinion, which
increases the attractiveness of active management
in both asset allocation and at the security - selection level.»
High levels of policy
uncertainty and regional divergences will cause higher dispersion across and within asset classes,
in our opinion, which
increases the attractiveness of active management
in both asset allocation and at the security - selection level.
The company reports that its net revenue will
increase to over RMB 5.8 billion ($ 924.0 million)
in the second quarter of the year, but said the prediction is subject to «substantial
uncertainty.»
Current political and financial
uncertainty surrounding the European Union may
increase market volatility and the economic risk of investing
in companies
in Europe.
Having a third major carrier with the combined heft of T - Mobile and Sprint seems likely to
increase competition
in the industry rather than diminish it, but the politics of regulatory approval creates
uncertainty, and investors were reluctant to applaud the deal today.
If they
increased financial and economic
uncertainty in China, they could cause Chinese capital flight to
increase sharply.
Risks associated with the Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory levels and pressure from e-commerce players; reduction
in traditional advertising dollars;
increasing household debt levels that could limit consumer appetite for discretionary purchases; declining consumer acceptance of new product introductions; and geopolitical
uncertainty that could impact consumer sentiment.
Moody's Investors Service said Thursday it may cut Barclay's A2 credit rating, and cited
increased uncertainty for the business
in the wake of the departure of its three top executives.
One area of
uncertainty relates to wages growth, where there is a risk that current labour market tightness will result
in higher - than - expected wage
increases.
Given recent economic developments (which suggest there will be no surplus this year) and global
uncertainties, together with a commitment by all three major political parties to balanced budgets and no tax
increases (other than the NDP), it would be fiscally imprudent for any political party to make new major election «promises»
in the coming months without indicating how they would be financed.
Bank of America reported a slide
in profit as concerns about an economic slowdown and
uncertainty about the pace of rate
increases dampened trading.
«We were particularly encouraged to see fiscal discipline
in light of the continued economic
uncertainty seen elsewhere
in Canada and the world, the establishment of a commission on tax competitiveness to evaluate current taxation instruments like the provincial sales tax, and proposed changes to the property transfer tax to start addressing housing affordability by
increasing the exemption threshold and introducing a third tax rate on higher - valued properties.»
One possible explanation is that when market
uncertainty increases, investors have two choices as to how to reduce risk
in their portfolios.
As history has taught us, inflation distorts decision - making
in the economy, discourages saving, and
increases uncertainty about the future.
Even despite softening markets and economic
uncertainty around the globe, our port still saw 1.5 per cent growth
in the first six months of this year compared to 2014, with
increases in demand for Canadian wheat, sulphur, potash, lumber, and consumer goods.