Sentences with phrase «of economic surprises»

This relationship is even stronger when looking at a global (G - 10) index of economic surprises.

First, U.S. economic numbers continue to be mixed ---- an index of economic surprises is still hovering just above a six - year low ---- although the trend is toward improvement.

The speech goes on to outline some of the economic surprises that came to pass in the intervening years, including: the «mining boom mark II»; the further significant rise and then subsequent fall in Australia's terms of trade; and the search for yield in global capital markets driven by ongoing ultra-easy monetary policy in the major economies.

Not exact matches

While unsuccessful, the surprise Nazi German offensive and the uncoordinated initial Allied response offers several critical business lessons during this time of unprecedented political change and tepid economic growth.

After a streak of bad economic releases in March, April has delivered some pleasant surprises.

So when he was named last year by Finance Minister Bill Morneau to chair the federal government's blue - chip Advisory Council on Economic Growth, nobody who knew him was surprised that Barton set goals of scaled - up ambition.

Wall Street has found a semblance of stability after a roller - coaster week, but some investors are convinced the rockiness in stocks and bonds isn't quite over for one main reason: The markets have yet to fully come to terms with how aggressively the Federal Reserve may respond to surprising economic strength.

Two weeks ago, he argued that a US recession could be closer than anyone expects, citing a surprising pace of weakening economic data.

Perhaps that shouldn't surprise, given that the oilpatch is far and away Canada's largest driver of employment and economic activity.

What's surprising about the weakness on the West Coast is the absence of any change in economic fundamentals, such as a spike in unemployment, to explain it.

These are not a surprise in the context of multiple structural headwinds including lackluster real wage growth, rising healthcare expenditures and unequal distribution of economic gains.»

As he basks in the afterglow of his surprise victory, Trump obviously knows that his presidency — and his chances of re-election in 2020 — will depend on his economic report card in the next four years.

China's surprise devaluation of its currency is an admission of economic weakness and could delay the timing of the Federal Reserve's expected U.S. interest rate hike, strategist Boris Schlossberg told CNBC on Tuesday.

Jeff Currie, head of commodities research at Goldman Sachs — which correctly predicted oil would reach US$ 85 in 2009 — thinks crude has a good chance of hitting US$ 100 this year, primarily because «U.S. economic data has surprised to the upside.»

In our view, some of the upward surprises come from factors that are unlikely to keep adding to economic growth at the same pace.

Given these positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused on three main issues: first, the extent to which recent strength is signalling stronger economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.

Every year brings its share of economic events that take us by surprise.

OTTAWA, Oct 19 (Reuters)- The Bank of Canada cut its growth forecast on Wednesday and said it actively discussed adding more monetary stimulus to speed up the nation's economic recovery, surprising financial markets by shifting tone dramatically after its initial rate decision.

This growing interest in India is not surprising; with average real annual growth of 8.75 per cent over the 2003 to 2007 period, India is emerging as an economic heavyweight in the region.

That trend, however, appears to be reaching a tipping point, with several factors that could boost capex, extending the life of the current economic cycle and offering surprise upside in the next.

So, it's not surprising that amid slowing economic growth, central banks are scooping out even more stimulus on top of their years of quantitative easing (QE) programs and aggressive rate cuts.

It can hardly come as a great surprise that when economic growth falls short year after year and when its beneficiaries are a small subset of the population, electorates turn surly.

To the surprise of most investors around the globe, yesterday the U.K. voted 52 % to 48 % in favor of leaving the European Union (EU), after more than four decades, in a stunning rejection of the continent's post-war political and economic order.

The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.

Companies have been stingy about capital expenditures in recent years, but that trend may be poised to turn around, extending the life of this economic cycle — and offering potential surprise upside in the next.

It shouldn't come as a surprise to anyone, then, that California has one of the highest Gini coefficients, a measure of economic inequality, in the nation.

In Startup Rising, he marries his own observations with the predictions of these giants to offer a surprising and timely look at the second stealth revolution in the Middle East — one that promises to reinvent it as a center of innovation and economic opportunity.

These fluctuations were large relative to actual economic and policy surprises, as the only notable negative piece of news that day was the release of somewhat weaker than expected retail sales data for the United States one hour before the event.

Given how much economic activity occurs in California, it is no surprise that many of the businesses founded and operated in the state have made many individuals and families exceedingly wealthy.

The stock market's love affair with the Trump economic agenda was tested last week after the president's surprise announcement that he would slap tariffs on imports of steel and aluminum.

Specifically, the FOMC is opting to retain its easy monetary policies, but undertake no new initiatives at this time, Perhaps the Fed went this more conservative route in view of the somewhat better news out on the economic front over the past few weeks, notably the generally improving housing metrics, the pickup in June's personal income, and the surprising uptick in the Conference Board's Consumer Confidence Index for July issued yesterday.

Earnings / Macro Pulse: But if you look at a couple of key indicators we track: the «nominal surprise index» (this tracks a combination of the Citi US inflation surprise index and the economic surprise index - giving a view on how the inflation and general economic data is turning out vs expectations), and the «earnings revisions indicator» (this combines earnings revisions ratio and the rate of change in forward earnings).

As recent economic growth has surprised some investors, they are becoming more certain of this forecast.

Today's surprise hike of the central bank's overnight lending rate to 1.0 per cent comes less than a week after the latest data for economic growth showed an impressive expansion of 4.5 per cent for Canada in the second quarter.

Economic growth fell to a five - year low of 7.3 percent last quarter but investor sentiment was recharged by Beijing's surprise interest rate cut Nov. 22 that is expected to put a floor under the slump.

Economic growth fell to a five - year low of 7.3 percent in the latest quarter but investor sentiment was recharged by Beijing's surprise interest rate cut Nov. 22 that is expected to put a floor under the slump.

A combination of market positioning, such as record net - long euro futures positioning, rising U.S. interest rates, and diverging economic performances (such as data surprising indexes), seems to have encouraged the dollar's recent advance, helping our hedged positions.

Now, with that out of the way, the more important factor is what the Bank sees as the trajectory of economic growth for Canada, because that will be fixed income investors» guide for how it will react to disappointment or surprises along the way.

First, if growth did not recover and surprise on the upside (in which case high asset prices would be justified), eventually slow growth would dominate the levitational effects of liquidity and force asset prices lower, in line with weaker economic fundamentals.

Unlike some of its Eastern European neighbors, the Czech Republic has shunned joining the eurozone and has surprised many with its stable and healthy levels of economic growth.

In an August 28 Wall Street Journal editorial it noted that «To no one's surprise except Vice President Joe Biden's, second quarter economic growth was revised down yesterday to 1.6 % from the prior estimate of growth of 2.4 % which was down from first quarter growth of 3.7 %, which was down from the 2009 fourth quarter's 5 %.

Earlier this year, Musk made a surprise visit to China and met with Vice Premier Wang Yang, one of China's top economic officials.

And after President Donald Trump's surprise election victory in 2016, investors rejoiced over his promises of big tax cuts to provide further economic stimulus; late last year, Trump delivered.

The Citi Major Economies (G - 10) Economic Surprise Index has given up more than half the fall's gains and is on the cusp of turning negative, i.e. more negative than positive surprises, for the first time since early last fall (see the accompanying chart).

If religion can be turned on its head like this — where the Invisible Hand of Wall Street (invisible to the Justice Department, at least) is elevated to a faux - Deist moral philosophy — is it any surprise that economic orthodoxy and formerly progressive tax policy is succumbing?

As a result, absolute economic prospects may not improve much, but we would actually expect a strong trend toward positive surprises from the standpoint of now - lowered expectations.

In recent months, we've observed one of the most persistent shortfalls from economic expectations in years, as measured by various «economic surprise» indices.

A surprise recession (few if any predicted the September 2008 economic collapse, even a couple of months» out) or terrible instances of domestic terrorism in the fall might cause just enough voters to throw up their hands and say, «Enough.

«That said, recent data is more accurately characterized as a hint of stagflation rather than anything more acute and, therefore, it shouldn't be a surprise that many of the economic metrics that have characterized periods of more pronounced stagflation historically, such as unemployment, still remain low,» he added.

Beyond all these surprises, Perry pointed out, is the stunned recognition that things will never be the same again — that a great social, political and economic power, one which our world has reckoned with for most of this century, is unraveling.