Sentences with phrase «is nominal on»

The membership is nominal on the entry level, but the marketing participation is where the spend would come, if that makes sense.

The differences in braking and road - holding are nominal on the street and would need a racetrack in order to illuminate the GS F's advantages.

However, they are nominal on Jet airways compared to Virgin Atlantic redemptions.

Not exact matches

Option grants end up being worth more and more every year — simply because an option on a share with a high nominal value is more potentially lucrative than an option on a share with a low nominal value.

On Monday, the fund said its portfolio return was 5.1 percent per annum in U.S. dollar nominal terms over the five years to March 31, 2017, helped by the run - up in global financial assets, versus 3.7 percent a year ago.

At Berkshire Hathaway (BRKA) we take a more demanding approach, defining investing as the transfer to others of purchasing power now with the reasoned expectation of receiving more purchasing power — after taxes have been paid on nominal gains — in the future.

Gundlach, the chief executive of DoubleLine Capital, told Reuters on Saturday that it is «hard to love bonds at even 3 percent when GDPNow for Q1 2018 is suggesting annualized nominal GDP growth above 7 percent,» referring to a new indicator of economic growth from the Atlanta Fed.

Although the bulk of Google's business is predicated on ad sales, the company is now experimenting with a program that would enable consumers to block ads on their favorite websites for a nominal fee.

Finally, by substituting the historic linear trend above into the IRR term of this equation, and the industry average investment period of 13 years into the c term, we get the following formula, which shows that nominal R&D productivity / ROI currently stands at about 1.2 (i.e., we get only 20 % back on top of our original R&D investment after 13 years), is declining exponentially by about 10 % per year, and will hit 1.0 (zero net return on investment) by 2020:

But Japanese firms are highly capital - intensive, and «upward pressure on wages is also associated with a stronger demand environment and higher nominal GDP growth and, hence, revenue growth,» says Yamaguchi.

Brian Sack and Robert Elsasser explain that over most of the post-1997 period, yields on TIIS have been surprisingly high relative to yields on comparable nominal Treasury securities.

While price level or nominal GDP targeting by monetary authorities are options, fiscal and other policies must also take on some of the burden to help sustain economic growth and stability.

On December 19, 2011, the federal Minister of Finance announced that the federal government had decided that, beginning in 2017 - 18 and through to 2023 - 24, the annual increase in the Canada Health Transfer (CHT) would be linked to a three - year moving average in nominal Gross Domestic Product (GDP).

This was based on real GDP growth of 2.0 % and nominal gross domestic product growth of 1.6 % in 2015.

I use the term «forecast» somewhat loosely, since these are conditioned on a range of assumptions, such as a fixed nominal exchange rate and a particular path for the cash rate, and hence could better be described as «projections».

In addition, PBO's forecast for nominal gross domestic product (GDP)-- the broadest measure of the federal tax base - is considerably lower than the average of the private sector economists» forecasts released by the Minister of Finance on October 29, 2012.

On the wage side, though there's always variance, most wage and compensation series have been stuck at around 2 % year - over-year growth (nominal) with some, but not much, evidence of acceleration in response to the tightening labor market.

High inflation usually goes with high nominal interest rates, so high inflation may well impose cash flow constraints on borrowing, even if the underlying project is viable.

Nominal gross domestic product, the broadest measure of the tax base for federal revenue, is projected to be about 6 per cent higher in 2010 than in 2009, which should impact positively on federal revenues.

While stocks have a terminal value beyond a 10 - year period, the effects of interest rates and nominal growth on those projections largely cancel out because higher nominal GDP growth over a given 10 - year horizon is correlated with both higher interest rates and generally lower market valuations at the end of that period.

First, it is now much harder for borrowers to justify investment in non-productive projects because they can no longer count on the huge gap between nominal GDP growth and the lending rate to bail them out of bad investments.

The more appropriate measure of financial repression is not the deflator, whichever one we choose to use, but rather very roughly the gap between the nominal lending rate and the nominal GDP growth rate, the latter of which broadly represents the return on investment within the economy.

And that is a nominal rate; if, for example, a government were to take on excessive debt and inflate itself to regain solvency, real rates of return could easily be negative for equity holders.

Because low - risk investments return roughly 20 % on average in a country with 20 % nominal GDP growth, financial repression means that the benefits of growth are unfairly distributed between savers (who get just the deposit rate, say 3 %), banks, who get the spread between the lending and the deposit rate (say 3.5 %) and the borrower, who gets everything else (13.5 % in this case, assuming he takes little risk — even more if he takes risk).

Their studies suggested that among developing countries nominal lending rates had on average been around two - thirds on nominal GDP growth rates (although China, at around one - third, was still well below anyone else's at the time).

But we believe a moderate rise in the dollar is more likely, and the support for profit margins from better wages, spending and nominal growth reinforces our broadly positive view on risk assets and equities in particular.

There is a growing sense that the world is demand short — that the real interest rates necessary to equate investment and saving at full employment are very low and may be often unattainable given the bounds on nominal interest rate reductions.

China's debt problems, in other words, can not be resolved administratively, by fixing the shadow banking system, by imposing discipline on borrowers, or indeed by eliminating financial repression (much of which, by the way, has already been squeezed out of the system by lower nominal GDP growth).

Entire populations within currency zones can literally nuke themselves to the verge of oblivion, and yet a portfolio that is maximally diversified in the investments of that territory, will never experience a nominal decline, since the return of such a portfolio is a function of aggregate revenues, which by definition is on a fixed growth path.

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

As you can see, since 1994 the growth in nominal retail sales on a year over year basis has been in a downtrend, while the level of consumer credit outstanding as been in a steady uptrend.

Tactically, now may be an appropriate time to consider taking on more interest rate risk; nominal yields on government bonds look attractive and we believe can persist through the quarter.

My conclusion is that the easing of financial conditions resulting from non-traditional policy actions has had a material effect on both nominal and real growth and has demonstrably reduced the risk of particularly adverse outcomes.

Even as transfer payments continued to grow with GDP, nominal direct program expenditures — mainly spending on public - service wages — have either declined or been held constant.

Here are two overlays — one with the nominal price, excluding dividends, and the other with the price adjusted for inflation based on the Consumer Price Index for Urban Consumers (which is usually just referred to as the CPI).

On that point, it's worth noting that we currently estimate a prospective 10 - year nominal total return for the S&P 500 of just 3.9 % annually.

They also warn that because of extended zero - interest policy by the Fed, security valuations have advanced to the point where prospective nominal total returns on a conventional portfolio mix are likely to average well below 2 % annually, with negative real returns, over the coming 12 - year period.

Scott Sumner told us in September 2009 that «the real problem was nominal,» that is, the recession and its high unemployment were primarily due to an unsatisfied excess demand for money (combined with real effects on debt burdens of nominal income being below its previous path).

The policy framework of the MAS is focused on managing the Singapore dollar's nominal effective exchange rate (NEER), or the trade - weighted exchange rate, against an undisclosed basket of currencies, rather than interest rates.

Worldwide, based on various studies, the value - over growth premium has been about 3.2 % annualized nominal excess return.

Based on IMF (International Monetary Fund) stats, Canada is placed at 17th in terms of nominal gross domestic product (GDP) constructed on purchasing power parity (PPP).

At this point, most on Wall Street are expecting a nominal quarter point hike in rates.

It is possible that measured GDP growth is somewhat overstated due to difficulties in estimating the GDP deflator, which is falling considerably more quickly than other price measures; nominal GDP has grown by a much more modest 0.8 per cent over the year, although this is still an improvement on recent history.

«Nominal haircuts» on Greece's debt «can not be undertaken,» it says, but «longer grace and payment» periods might be considered.

You gained nominal wealth, but that was just a number on your brokerage statement.

According to the ABS Capital Expenditure Survey, firms expect to increase spending on machinery and equipment investment in nominal terms by only 1 1/2 per cent in 2000/01, once average realisation ratios are applied.

In his article «The Age of Secular Stagnation,» Larry Summers argued that excess of saving over investment is acting as a drag on demand to weigh on growth and inflation, and current monetary stimulus should be expanded to accelerate investments and pull demand forward, such as raising the inflation target or to conduct nominal GDP targeting.

On the currency market, according to the PBOC document seen on Wednesday, reserve ratios will be set at 20 % of the nominal value of forwards and swap contracts, and fixed at 10 % of the nominal value of principal for optionOn the currency market, according to the PBOC document seen on Wednesday, reserve ratios will be set at 20 % of the nominal value of forwards and swap contracts, and fixed at 10 % of the nominal value of principal for optionon Wednesday, reserve ratios will be set at 20 % of the nominal value of forwards and swap contracts, and fixed at 10 % of the nominal value of principal for options.

This important effect is the difference between the «nominal» return — the return a bond or bond fund provides on paper — and the «real,» or inflation - adjusted, return.

Earnings / Macro Pulse: But if you look at a couple of key indicators we track: the «nominal surprise index» (this tracks a combination of the Citi US inflation surprise index and the economic surprise index - giving a view on how the inflation and general economic data is turning out vs expectations), and the «earnings revisions indicator» (this combines earnings revisions ratio and the rate of change in forward earnings).