Sentences with phrase «lower asset valuations»

By keeping in mind the lower asset valuations, associated loan fees, and applicable rules, asset - backed lending can be a useful source of financing for small businesses.

With its rapidly growing population and low asset valuations, Jacobs sees great potential — especially with a boost due to «huge infrastructure investment from China.»

Not exact matches

Sack and Elsasser attribute the low relative valuation of TIIS over this period to several factors: investor difficulty adjusting to a new asset class, divergent supply trends between TIIS and nominal Treasuries, and the lower liquidity of indexed debt.

Asset valuations have risen across the board, market volatility has stayed very low and many perceived risks have not materialized.

Low risk - free rates — the fundamental basis for gauging asset valuations — represent an underappreciated sea change in assessing future returns, in our view.

In addition, our future income taxes could fluctuate because of earnings being lower than anticipated in jurisdictions that have lower statutory tax rates and higher than anticipated in jurisdictions that have higher statutory tax rates, by changes in the valuation of our deferred tax assets and liabilities, or by changes in tax laws, regulations, or accounting principles.

Low discount rates suggest that asset valuations should not fall back to historical means.

The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 measurements).

Yields on high - yield corporate bonds narrowed (centre panel) and record low government bond yields pushed up valuations of risky assets (right - hand panel).

The high valuation of financial assets and the low valuation of gold open the door for many possible sources of disruption.

Low interest rates may be influencing — or distorting — the valuations of all assets.

This, in turn, propels valuations of risk assets higher, at the expense of lower projected returns in the future.

Rather, the current economic downturn is likely to focus its damage on asset prices - the U.S. dollar, home values, low and mid-quality debt, and equity prices (largely through the combination of narrowing profit margins and lower valuations).

The question comes up: in a low rate world, with assets at historically high valuations, offering historically low returns, what should investors do?

The past several years have featured little more than a gigantic asset swap, the short description being that massive volumes of government debt have been swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.

Unsecured creditors objected to the low valuation, at which point Wangxiang emerged as a serious potential contender for Fisker's assets.

Given that we've disclaimed any ability to actually value an asset or class of assets, why not adopt the lower to middle end of Graham's valuation range for those assets?

Uncertain assets and liabilities should always get lower valuations.

Asset valuations have risen across the board, market volatility has stayed very low and many perceived risks have not materialized.

That imbalance of eagerness between buyers and sellers has clearly affected prices of risky assets, but it does not generate new cash flows - it simply raises the valuation that the market places on existing streams of future cash flows, and thereby lowers the subsequent rate of return on holding those securities.

Low discount rates suggest that asset valuations should not fall back to historical means.

We now see lower potential returns ahead for many asset classes over the next five years, given moderate economic growth and stretched valuations.

2) Your SWR (and Scenario Surfer) seems to propose 2 assets: stocks and TIPS - compelling evidence to buy when valuations are low, etc...

The implied valuation for Western Asset Management is significantly lower than it would receive i...

Buttonwood concludes that higher valuations — determined on an earnings, rather than asset basis — lead to lower returns:

When the valuation of an asset is high, lower your asset allocation to that asset.

This portfolio invests in derivative instruments such as swaps, options, futures contracts, forward currency contracts, indexed and asset - backed securities, to be announced (TBAs) securities, interest rate swaps, credit default swaps, and certain exchange - traded funds that involve risks including liquidity, interest rate, market, currency, counterparty, credit and management risks, mispricing or improper valuation, low correlation with the underlying asset, rate, or index and could lose more than originally invested.

Asset classes such as value stocks and real estate investment trusts were largely ignored by the financial press at the time, despite their historically low valuations, and many mutual funds in those categories lost assets.

If valuations are high and bargains are scarce I may lower my equity asset allocation to 25 % (or lower).

Buttonwood concluded that higher valuations — determined on an earnings, rather than asset basis — led to lower returns:

First Cut Graham Stocks With a Low Price Relative to Net Current Assets Applying Ben Graham's philosophy, 25 profitable companies with cheap valuations made The First Cut.

Moreover, the US stock market has also been on a multi-year run, which is inducing asset managers to speculate on the sustainability of current valuations across US capital markets.1 If a lower dividend yield is associated with expensive equities, then a lower bond yield should indicate expensive Treasuries.

When an assets valuation is high (i.e. equities in 2000) my target equity allocation would be lower than normal.

When an assets valuation is low (i.e. equities in March of 2009) my target equity allocation would be higher than normal.

2017 witnessed a huge spike in the valuation of risk assets, as volatility hovered near historic lows and perceived risks failed to materialize.

«We want to make sure we buy long lead - life, low decline - rate assets at attractive valuations, with good balance sheets, in order to survive the short - term and very intense volatility we're seeing in the price of oil,» McKinley said.

Midsingle - digit returns may seem unattractive relative to recent asset returns, but with valuations at current levels, low - single - digit returns could end up looking good.

With yields on «risk - free» assets such as government bonds so low, the higher valuations for risk - on assets like equities might be justified.

Our bias for tangible over intangible assets will almost certainly lead us to a lower valuation for YHOO than another investor with a preference for intangible assets which generate earnings or cash flow.

Yet recent academic research suggests that the poor returns of growth stocks (ie, firms with high valuations) and the excess returns of value stocks (ie, companies with low valuations) can largely be explained by differences in capital spending and asset growth.

Reciprocally, if the manager's performance in recent years has been disappointing, and the manager now holds assets with record - low valuations, this manager is a buy — unless the manager has responded to client or investment committee pressure and has abandoned the newly cheap assets, or the manager has been fired and replaced, with a new manager, less likely to stay the course with the newly cheap assets.

With the owning partner looking for a low value, and the non-owning partner looking for a high one, the valuation method that is used, whether asset - based, income - based, or market - comparables - based, as well as the discounts taken, can all be a matter of dispute.

Low interest rates and mortgage defaults hurt both asset valuations and investment earnings.

This suggests that NTRs may offer a better option for investors who are concerned about rich public REIT valuations that may overstate underlying asset value, especially now, when traded REIT prices are at historic highs and yields are near historic lows.

With asset valuations rising and record low interest rates, lending provided a firmer foundation for investment deals.