«Global investors are also concerned
about potential trade wars... which is stirring up some
risk - aversion trade, so that, in turn, is supporting gold,» said Richard Xu, a fund
manager at China's biggest gold exchange - traded fund, HuaAn Gold.
Risk managers in the financial services industry are skittish about what they perceive as a heightened chance for high - impact event hitting the global financial system hard and they're naming potential cyber attacks as one of the biggest drivers for that increased r
Risk managers in the financial services industry are skittish
about what they perceive as a heightened chance for high - impact event hitting the global financial system hard and they're naming
potential cyber attacks as one of the biggest drivers for that increased
riskrisk.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all
about the outlook for 2006, the bottom line is this: 1) we can't rule out modest
potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large
potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling
risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing
Managers Index in the months ahead, and; 4) there remains substantial
potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
CARA monitors and provides updated information
about potential threats to satellite mission
managers who then make a decision
about the need to reposition their satellites in a procedure known as a
Risk Mitigation Maneuver.