That investment strategy is built on the assumption
of greater liquidity should the need to sell arise.
«Most of Emerging Trends Europe's survey respondents and interviewees anticipate an increase in both prime and secondary values as a result
of greater liquidity and the need to deploy capital in this asset class.
And of course, that also offers the benefit to other Central Banks
of great liquidity, right?
They argue that «there must be serious fundamental problems with any asset class that commands a Normalized P / E of only 13x at the peak (in May 2015) of one
of the greatest liquidity - driven bull markets in history.
Not exact matches
«
Liquidity is fantastic and it's
great for our limited partnerships and we are mindful
of it.»
Dekkers repeated the decision to collapse the dual - headed structure was aimed at strategic flexibility, and the Netherlands was a natural choice given the Dutch company accounts for 55 percent
of the group and the Dutch shares trade with
greater liquidity.
Moreover, there may be some deterioration in the resilience
of liquidity at times
of stress, along with a
greater incidence
of outsized intraday price movements.
Brainard conceded that, «there may be some deterioration in the resilience
of liquidity at times
of stress, along with a
greater incidence
of outsized intraday price movements,» adding that, «Relatedly,
liquidity appears to be more segmented based on the characteristics
of the securities being traded and the underlying structure
of the markets in which they are traded.»
The move toward somewhat
greater segmentation
of liquidity, in conjunction with ongoing electronification and acceleration
of trade execution, might be contributing to increased linkages across markets.
In this article, authors Michael J. Fleming and Nicholas J. Klagge examine the effects
of the
liquidity facilities on the Federal Reserve's interest and fee income between August 2007 and December 2009 — the period
of the facilities»
greatest usage.
I would not exclude another LTCM style episode
of systemic risk given the risk
of unraveling
of highly leveraged carry trades and the end
of easy
liquidity: triggers could be a disorderly move
of the US dollar, perhaps following trade war threats to China, leading to a 1987 - style stock market crash; or MBSs interacting with a housing slump and the hedging activities
of GSEs; or
greater corporate distress or a Ford / GM entering into Chapter 11 triggering a massive sell - off in the murky, non-transparent and untested credit derivatives.
All good things about passive ETFs —
liquidity, transparency, tax efficiency, low cost — are even
greater with an active manager in the ETF vehicle,» says Scott Burns, director
of ETF research at Morningstar, in Chicago.
If this is true, by the way, it means that attempts at implementing liberalizing reforms are successful mainly during periods
of great global
liquidity, and this might have implications for China, especially if over the next few years global central banks begin to withdraw the huge
liquidity injections that have underpinned asset bubbles around the world.
Ability to request restriction
of certain securities or industries, adjust for increased international exposure, or
greater liquidity
As a general rule
of thumb, an Average Dollar Volume
of 20 million or
greater provides pretty good
liquidity for most traders.
And the drying up
of US dollar funding markets during the global financial crisis prompted
greater awareness
of liquidity risk in foreign currencies.
It takes a collapse in
liquidity to create a crisis, and if insolvent borrowers remain liquid, we are likely instead to see a long, difficult period
of slow growth in which the losses are painfully ground out
of the system (and always turn out to be
greater than they would have been had they been recognized immediately).
This is a six - basis - points premium to NAV and a
great example
of an investor leveraging the
liquidity of the underlying basket.
Another example
of a stock with
great liquidity that moves quite well is Biogen ($ BIIB), as shown on the chart below:
Private debt issuers, in turn, could explore the admittedly limited potential for
greater standardisation
of issuance practices to help concentrate
liquidity in a smaller number
of securities.
So Bernstein concludes that «the crypto - bubble will continue until the Fed and other central banks remove too much
liquidity from the economy, the availability
of «
greater fools» decreases, and the bubble deflates.»
As the review
of liquidity cycles suggests, wider «markets» in expected economic outcomes (which would mean
greater short - term volatility) could promote long - term financial stability.
We think
greater global central bank - generated
liquidity will be a positive for the corporate credit sectors and economically driven parts
of the market, at least in the near - to - medium term.
Awash in
Liquidity The second round
of quantitative easing, known as QE2, follows the Fed's purchases
of nearly $ 2 trillion
of bonds during the
Great Recession.
Second, the higher number
of shares outstanding can result in
greater liquidity for the stock, which facilitates trading and may narrow the bid - ask spread.
It is possible also that the Bank will continue to rely to a
greater extent than normal on foreign exchange swaps to provide system
liquidity ahead
of Y2K.
As an economist, it's clear that the parallels to 1929 are terribly overblown, not least because unlike the
Great Depression, governments in this instance have opened a floodgate
of liquidity, capital and base money - which they failed to do back then.
Not only are alternative investments very often poor performers, but their lack
of liquidity means giving up the
greatest opportunity that happens during a stock market crash: rebalancing.
High yield bonds (bonds rated below investment grade) may have speculative characteristics and present significant risks beyond those
of other securities, including
greater credit risk, price volatility, and limited
liquidity in the secondary market.
The combination
of low overnight ES balances and
greater recourse to intra-day repos is a more efficient, and less costly, approach to
liquidity management for banks, compared with the situation in July with relatively high ES balances and low intra-day repos.
In recent years, with the financial collapse and lack
of liquidity in the system, many muni bond investments sold off, opening up
great opportunities for investors.
[Throughout his trading career, Alex has specialized in «market - making» — offering to buy and sell a wide range
of assets, making a profit on the spread, and creating
liquidity in markets, giving other participants
greater flexibility with their own trades.
Responding affirmatively in a letter to the editor published the next day, NAHB Chairman Kevin Kelly said that Rep. Carney's House bill to maintain a proper federal role in housing would encourage the private market to take a
greater role in the mortgage marketplace and provide stability and
liquidity for homeownership while limiting taxpayer exposure in the event
of another downturn.
Since the financial crisis in 2008, the Fed has, overall, been very «accommodating» — i.e., they have consistently provided a
great deal
of liquidity to the financial marketplace, which in turn has helped to cause interest rates to fall significantly and to stay low.
I know this plan lacks
liquidity and there is a lot
of more legwork in terms
of knowing foreclosure laws, appraising properties, risk borrower declares BK, etc... But the returns could be much
greater and I could have more control.
This asset —
liquidity — would ostensibly persuade businesses to their platforms, as larger investor communities, and
greater liquidity, would increase odds
of funding success.
I should take a quote from «Equities Market Outlook in 2017» issued by Afrinvest reported in the media under the headline «Multiple Exchange Rates Stall Foreign Inflow into Nigerian Equities» in January 2017, «Our interactions with several foreign investors with interests in Nigeria suggest that a decision to stake any position in the Nigerian market will be a function
of currency
liquidity and a
greater certainty on their ability to repatriate capital anytime they divest.
High - yield bonds (also known as «junk bonds») may be subject to
greater levels
of interest rate, credit, and
liquidity risk than investments in higher rated securities.
From the group above, I have chosen to write about Utility Select Sector SPDR ETF because
of its high dividend yield,
great liquidity, and low expense ratio.
The Cboe futures exchange launched Bitcoin futures on 10th December 2017 and is considered to be the first step in the evolution
of Bitcoin into a mature asset class, with the futures market providing investors with
greater liquidity, transparency and an efficient price discovery system.
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.
I think a permanent injection
of liquidity would do it, temporarily, but there are so many places where leverage got too
great that are in loss positions now.
Commercial banks like Barclays have a
greater need for short term
liquidity at present because they have to bring some short - term financing back onto their balance sheets because
of failed conduits.
But the
greater factor that Barry describes are the implicit bailouts where Greenspan threw
liquidity at every crisis, which avoided the reconciliation
of bad lending decisions.
Sector rotation requires a
great deal
of liquidity and broad latitude for enacting investments positions.
Working capital (a measure
of liquidity; difference between current assets and current liabilities)
greater than or equal to 0;
As
of this update, a minimum
liquidity filter has also been added, requiring 20,000 shares or
greater in average daily volume over the preceding 20 days.
Because this ETF is exposed to high yield credit, there may be
greater levels
of credit,
liquidity and valuation risk than for higher rated instruments.
Because these ETFs are exposed to high yield credit, there may be
greater levels
of credit,
liquidity and valuation risk than for higher rated instruments.
If you need the flexibility
of getting at the money in your TFSA (like if it's part
of your emergency fund), then put it there and then later contribute to RRSP when the
liquidity need is not as
great.