World growth will remain low on average but negative in the UK and Europe; price inflation will remain sufficiently subdued for a while longer so as to impose no constraint on monetary expansion; central banks will sustain a regime of negative real interest rates and rapid monetary expansion; the risk of a eurozone collapse is off the table for now; finally, stock markets should continue to perform better than expected, even though the four - year old cyclical bull market is
long by historical standards.
Not exact matches
Long - term mortgage rates rose above 4 % recently, but they are still low
by historical standards.
Andrew Walls begins the project
by examining some of the implications of the other worlds that are bursting in upon what has
long passed as the
standard historical narrative.
A calling requiring specialized knowledge and often
long and intensive preparation including instruction in skills and methods as well as in the scientific,
historical, or scholarly principles underlying such skills and methods, maintaining
by force of organization or concerted opinion high
standards of achievement and conduct, and committing its members to continued study and to a kind of work which has for its prime purpose the rendering of a public service.
Those numbers - especially the
longer - term inflation expectations - are not particularly high
by historical standards.
Such low rates mean affordable monthly carrying costs for homes bought on credit, even though house prices,
by long - term
historical standards, are quite high.
Measured
by nature's
standards rather than
by those of
historical man, it is at present a delicately balanced, highly perishable world that has evolved over
long geologic epochs of environmental change.
The market's seven - year recovery period has been a
long one
by historical standards, but is there an end date on it?