Not exact matches
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.
Meanwhile, I've been my own harshest critic — particularly with regard to the unfortunate timing of my stress - testing decision in 2009 — and have been very open about the challenges that QE and
yield - seeking speculation have posed for the methods that resulted: deferring market
losses that resulted
much more quickly following extremely overextended market conditions in prior historical cycles.
If we can avoid capital
losses in the near term and then buy investment - worthy assets after they have dropped in price and offer
much less capital risk and
much higher income
yields again, then there is hope for higher compound returns for many years thereafter.
Whenever susceptible rice varieties are grown in environments that favor bacterial blight, very high
yield losses, as
much as over 70 %, may be caused by bacterial blight.
There isn't
much to savor from Team USA's 3 — 2 overtime
loss to Slovenia on the opening day of the Olympic men's hockey preliminary round in PyeongChang, in which the Americans spoiled a 2 — 0 lead with under 15 minutes to play and then
yielded a tap - in winner when all three defenders were caught puck - watching less than a minute into overtime.
Of the audits compiled as part of the study, 22 pointed to water
loss as an issue and estimated that fixes could
yield as
much as $ 2.2 million in savings.
Dr. Calderwood has observed as
much as 80 - 90 %
yield loss in northeastern hop yards due to arthropod pests.
Moore and Lobell predict that corn farmers can reduce
yield losses by as
much as 87 percent through long - term adaptation.
Whenever susceptible rice varieties are grown in environments that favor bacterial blight, very high
yield losses, as
much as over 70 %, may be caused by bacterial blight.
In the short term, a particular stock has
much more uncertainty and, consequently, the greatest risk of
loss and liquidity which should
yield a greater potential return.
It is invested primarily in the credit market, not so
much in government bonds because government bond
yields are so low, but we're looking for absolute returns even if interest rates go up, so some of the portfolio, a significant piece of it actually, is floating rate, so if interest rates go up, you just get higher cash flows, which will support higher returns, and the rest of the portfolio is in relatively short maturity bonds, which will have some price volatility and if there's bad market conditions, will have temporary
losses, so the goal is to offer something that is absolute returns.
Rising
yields and shrinking P / E ratios would mean capital
losses which would reduce returns below these levels,
much as falling
yields and rising multiples fueled the wonderful returns of the past 25 years.
As
much as I hate the low
yield in online savings, the reality is there is no risk of capital
loss, and if interest rates continue to climb you'll slowly see the
yields on savings increase.
From a percentage standpoint, this scenario would deliver an instant 5.7 %
yield for selling the covered call ($ 5.75 / $ 100.05) and pretty
much a 0.0 % return from capital gains /
losses -LRB-- $ 0.05 / $ 100.05).
Lesser lenders absorbed lesser
losses in exchange for the ability to get a
much greater
yield if there was no default.
Assuming a dividend
yield of 2.5 %, this translates to a
loss of as
much as 1.25 % per year.
The error that the «earlies» made, and I knew quite a few of them, was not recognizing how
much debt could be crammed into the financial economy in order to juice returns on fixed income assets with
yields lower than likely default
losses.
They can pay you a
yield, sure, but if the underlying value is not growing, you will eventually get capital
losses, and after that,
much less
yield.
The heat would also cause staple crops to suffer dramatic
yield losses across the globe (it is possible that Indian wheat and U.S. corn could plummet by as
much as 60 percent), this at a time when demand will be surging due to population growth and a growing demand for meat.
The natural variation that has led us out of the Little Ice Age has a bit of frosting on the cake by land use; and, part of that land use has resulted in a change in vegetation and soil CO2
loss so that we see a rise in CO2 and the CO2 continues to rise without a temperature accompaniment (piano player went to take a leak), as the land use has all but gobbled up most of the arable land North of 30N and we are starting to see low till farming and some soil conservation just beginning when the soil will again take up the CO2, and the GMO's will increase
yields, then CO2 will start coming down on its own and we can go to bed listening to Ave Maria to address another global crisis to get the populous all scared begging governments to tell us
much ado about... nothing.
While carbon fertilization does reduce the
loss in
yields, the effect is
much smaller than that of irrigation, suggesting that water stress at higher temperatures may be largely responsible for
losses.
They also find that Irrigation has a
much larger preventative effect on
yield loss than increased carbon dioxide, suggesting that water stress at higher temperatures may be largely responsible for
losses.