In doing so, they may potentially be overlooking other areas with
much higher growth potential in favor of the comfort of familiarity.
Hindustan Times: India may have got what it wants from Doha climate talks but piggy - bagging China may not be of help in future with China's emissions witnessing
much higher growth than that of India.
If you're a growth stock investor buying high multiple stocks, then your two improbable, extreme outcomes are: (1)
much higher growth than what's occurred in the past or (2) negative, declining growth.
The other disadvantage of keeping the rental is that you can limit your borrowing potential for higher leverage in various SM enhancement strategies, which can give
you much higher growth than the rental can (without the PITA factor).
Why, ask the critics, is cash - strapped Britain borrowing from the likes of China and other international sovereign wealth funds in order to help countries that are enjoying
much higher growth rates than us?
Valuations were already so high it will make little difference unless
much higher growth emerges.
Emerging economies have demonstrated
a much higher growth potential, notably in China and India, and their share of global GDP has increased consistently since 2009.
Software companies usually sell at larger p / e ratios because they have
much higher growth rates and earn higher returns on equity, while a textile mill, subject to dismal profit margins and low growth prospects, might trade at a much smaller multiple.
Just as those repeated years of 4 % and better growth in the 1990s added up to a stunning surplus, our recent string of 2 % and worse years add up to the opposite - and will keep doing so, unless something sparks
much higher growth.
Not exact matches
«The
growth is
higher, the stakes are
higher, and the competition is
much more intense.»
Fortune ran numbers to calculate how
much extra revenue the U.S. would need to raise, over the next decade, if it lowered the rate of
growth in Social Security by one percentage point, reduced increases in Medicare, Medicaid, and other health care spending by a proportional amount, and held discretionary spending below
growth in GDP (albeit from the
higher base established by the new laws).
The idea on the table is to link Greece's future
growth rates to how
much interest it will pay on its loans — the
higher the
growth rate is, the more interest Greece can pay.
For somebody who had never been to New Orleans, but moved there initially to teach and then a year later left the classroom to start a company, I've seen firsthand just how
much the community has invested in bringing in and retaining young people who really want to contribute to rebranding the city, bringing it from, old oil and gas and just tourism really into the 21st century with lots of
high - tech,
high -
growth businesses.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very
much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with
high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue
growth.
And while various troubling social factors, including unequal access to health care and the impact of the opioid crisis, have stalled the
growth of the average U.S. life expectancy in recent years, odds are that America's
higher earners will live longer — maybe
much longer — than they expect.
Growth for average hourly earnings reached a postcrisis
high of 2.9 % year - over-year in December,
much higher than the trough of 1.3 % in October 2012.
And critics are also quick to point out that the promised benefits to Main Street of Trump - style tax cuts — faster job
growth,
higher wages and a boost to the middle class — are very
much in question.
«The combination of the weakness in energy weighing on investment along with
high levels of indebtedness keeping consumer spending modest puts the weight on the external side of the economy to
much of the lifting of
growth in the period ahead.
In fact, few things can be more damaging to
growth than the kind of financial crisis that Mulvaney conveniently looks past — the one that started precisely in 2007, sent unemployment to 10 % nationally and
much higher in many places, and resulted in bailouts for banks but foreclosures for working Americans.
Many of the
high -
growth software companies that have been transforming the tech industry since their founding have been waiting to capitalize until
much longer than we've previously seen — although I expect this tide will start to turn by early Q2, and we should see many of these
high quality companies reveal their financial strength to the public world.
That
growth was
much higher than expected.
Research firm NPD Group earlier this month warned
much of the same would continue in 2017: it sees stalled
growth and says those cutting back on restaurant visits are doing so because they think prices are too
high.
The economy at that time benefited from
much higher rates of productivity
growth, which allowed employers to raise pay and hire more without having to lift prices.
A dollar store will have a
much higher P / E — Dollarama's is close to 25 times — but that's because of its faster
growth.
The worst case scenario is likely wage
growth higher than expected (0.3 percent or
higher month over month, 2.9 percent to 3 percent annual), with upward revisions from February, and job
growth much higher, all of which would increase the chances for a Fed rate hike.
Wouldn't it be
much easier to have a single key metric identifying solid profit
growth in a first step, and then in a second step using secondary metrics to select among the
high - quality companies those matching your personal investment strategy the most?
Airline workers also work
much harder than they did in the past; the industry had the second
highest multifactor productivity
growth from 1997 through 2014, according to an analysis by the Bureau of Labor Statistics.
yields will hit the
highs on close end of the day... equity markets setting up to be slammed tomorrow maybe but today they have run over weak shorts in the face of rates... the federal reserve see's this and again will wonder if they are behind on hikes, strong data, major expansion in credit, lack of wage
growth rising bond yields and ballooning debt... rates will go
much higher and equities will have revelations as to what that means for valuations
I have ignored reasons that might justify lower discount rates or
higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so
much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify
higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term
growth, more likely).
Second, because consumption creates a more labor - intensive demand than investment,
much lower GDP
growth does not necessarily equate to
much higher unemployment.
It will take time for the elimination of these transfers to work themselves fully though the economy, but we are already seeing their very obvious initial impacts in the
much lower GDP
growth numbers, even as credit creation remains
high.
Similarly, the
growth in the Aboriginal population is
much faster than the
growth in the general population and prices experienced on reserves are significantly
higher than in urban centers.
It is often framed as
high -
growth startups vs. mainstreet or lifestyle small businesses, but I think it runs
much deeper than that.The consequences of not resolving this tension are very bad for the ecosystem.
Comparing our opportunity to Japan's, isn't our sovereign credit risk
much higher than Japan's in terms of per capita GDP
growth, structural balance - of - payments deficit, history of default and history of inflation?
PBO is forecasting
much stronger
growth in personal income and therefore
higher personal income tax revenues offset to some extent by slower
growth in corporate profits and thereafter lower corporate income tax revenues.
Much of the venture activity in edtech in the US posits that edtech will look more like SAAS companies in other sectors,
high growth driven by a stable low cost of user acquisition relative to life time value.
I based my
growth expectations on what I think were conservative estimates of consumption
growth and the
growth in productive investment (with which the reported data is currently consistent, although do not prove my assumptions one way or the other), but I always pointed out that as long as credit
growth accelerated, the
growth in non-productive investment would remain
high, in which case reported GDP would also remain
high for
much longer.
Gross asserted that GE achieves
much of its
growth through acquisitions of low P / E companies using its
high P / E stock.
The job
growth is fake, there's been no wage
growth since 1999, inflation numbers are false, government debt is too
high, corporate profits are too low, corporate profits are unsustainably
high, companies aren't reinvesting their profits, companies are buying back too
much stock, the Federal Reserve is propping up the market, the Federal Reserve is keeping rates artificially low, and so on.
I hoped that this wouldn't happen, because the longer reported GDP
growth remained
high, the worse for China's economy over the medium to long term, but in the end the pace of adjustment was always going to be driven by political variables, not economic variables, and this made it very hard to project with
much confidence.
Because it hasn't, the only other way I can get reported GDP
growth to reconcile with
much higher credit
growth is to assume that
much of the investment will never result in increased productivity, and so will never cause GDP
growth to pick up.
This is the next great challenge for Beijing, and when the regulators finally do start to repair overextended balance sheet, with a
much higher debt - to - GDP ratio than any other country at China's stage of economic development, according to a presentation Monday night by my very smart former student, Chen Long, I expect annual GDP
growth rates will continue dropping steadily, by 1 - 2 percentage points a year through the rest of this decade (and there has been increasing talk in the past month or two that GDP
growth rates are already 1 - 2 points below the printed rates).
The average annual rate of
growth — 1.7 % — was
much higher than in the U.S..
But if that doesn't lead to a
higher investment rate and productivity
growth, we could expect
growth to roll over and lead to what potentially could be a recession, something I haven't seen discussed as
much before,» said Matt Toms, chief investment officer for Voya Investment Management.
As an occupation, massage therapy is in
high demand: The US Bureau of Labor Statistics predicts a 26 %
growth in massage therapy jobs between 2016 and 2026, a
much higher rate than average.
Listen, and you go back years and think about if you got this sort of
growth, this sort of wage acceleration, that the rate of inflation would be
much higher.
Although the 6.9 percent
growth in 2015 was the lowest for China in 25 years, it is still
much higher than other major economies including the U.S.
While you can find plenty of stocks with
higher yields, General Dynamics» double - digit dividend
growth rate implies that over time, investors could collect a
much higher yield on cost.
Trump's approach to the economy,
much like Reagan's, is meant to trigger businesses to spend and invest more, which his advisers say will cause wages to rise and
growth to stay
high for years to come.
And if you can buy some business that earns
high returns on equity and has even got mild
growth prospects, you know, at
much lower multiple earnings, you are going to do better than buying ten - year bonds at 2.30 or 30 - year bonds at three, or something of the sort.»