The other problem I have with central bank policies is that they are prioritising juicing (or attempting to juice) the economy in the short term, through the so - called wealth effect
of higher asset prices and borrowing, ahead of maintaining long term financial system stability.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan
assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to
higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«We view this as a «home - run deal» for Disney and while its an aggressive acquisition with a
high price tag, in our opinion this is the right move at the right time as the marriage
of these
assets creates a much more formidable Disney,» Ives said.
The
price gap behind the rise
of cross-border airfare shopping, according to Tae Oum, a professor at the University
of B.C., stems from Canada's
higher fuel
prices, wages,
asset prices, landing and terminal fees and air traffic control charges.
Those who derive most
of their income from
asset -
price appreciation, rather than salaries, say
higher taxes would unfairly punish risk takers.
With news
of Google banning cryptocurrency - related ads and the International Monetary Fund advising increased regulation on the
asset, the
price of Bitcoin, Ethereum, and Ripple continued their slide Thursday, wiping out about $ 499.2 billion
of the market value
of over 1,500 cryptocurrencies since their collective all - time
high in early January.
«A lot
of these products were
priced for
higher rates,» says Natalie Taylor, an analyst with CIBC Global
Asset Management.
«The attractive
price reflects the
high asset value and the performance Consumer Health has delivered,» said Stefan Oschmann, chief executive
of Merck.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues;
price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in
higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional
pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock
price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable
assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
The difference in
price between B.C. gas and global LNG wouldn't be
high enough to pay for the operating and capital costs
of pipeline and liquefaction
assets.
The central bank noted in its statement that «financial vulnerabilities in the household sector continue to edge
higher,» which is the Governing Council's way
of saying that ultra-low borrowing costs continue to put upward pressure on
asset prices and personal debt.
It's worth noting that the cryptocurrency fund fees are still much
higher than comparable passive stock market funds, with S&P 500 index funds
priced as low as.05 %
of assets.
There is also opportunity abroad: Non-U.S. stocks with the
highest dividend yields (average
price / earnings ratio
of 15.8) are cheaper than domestic counterparts (23.1), according to O'Shaughnessy
Asset Management.
If a majority
of shares are voted in favor
of Michael Dell's plan to take the company private, Dell's biggest outside investor, Southeastern
Asset Management, has indicated it might go to court to fight for a
higher price.
Commonwealth Bank
of Australia, the country's No 2 lender by
assets, on Monday said it raised A$ 2.1 billion ($ 1.55 billion) from institutional investors at A$ 78 a share, 9 percent
higher than the offer
price.
While these CFDs, the underlying digital
assets of which «have displayed very
high price variation,» are not traded on public exchanges in the eurozone, their popularity in Europe has nonetheless grown over the last several years.
Toronto - Dominion Bank sees as many as 90,000 jobs lost by the end
of the decade from the move and Eric Lascelles, chief economist at RBC Global
Asset Management, says
higher minimum wages across Canada could boost consumer
prices by 0.5 percent over two years.
Compared with a conversion when
asset prices were
higher, a conversion in a downturn may result in a lower tax bill for the same number
of shares.
While I generally consider this advice to be wise, especially for inexperienced investors who should probably opt for something like an index fund, working with a qualified advisor or, if they are wealthy enough, an
asset management group, the problem comes from the fact that if you find a truly outstanding business — one that you have conviction will continue to compound for decades at rates many times that
of the general market, even a
high price can be a bargain.
«If our outlooks in November 2016 and June 2017 were something
of a «group hug,» with a view that growth and
asset prices would move
higher together, this round contained more tension and skepticism
of the market's reaction,» adds Sheets, whose team recently published its «2018 Global Strategy Outlook» in conjunction with the Global Economic team's «2018 Global Macro Outlook.»
With market volatility hitting multi-decade lows, junk bond yields also at record lows, the median
price / revenue ratio
of S&P 500 constituents at a record
high well - beyond 2000 levels, and the most strenuously overvalued, overbought, overbullish syndromes we define, I'm increasingly concerned about the potential for an abrupt «air pocket» in the
prices of risky
assets that could attend even a modest upward shift in risk premiums.
Mark Vaselkiv, portfolio manager at T. Rowe
Price, noted that «Einstein said there were three great forces
of nature: gravity, electro magnetism, and compounded interest...
high yield is an
asset class that ultimately capitalizes on the latter.
Central banks have been the only game in town for years now, driving
asset prices higher with the help
of interest rate cuts and quantitative easing (QE) programs.
Deal value suffered from a troublesome combination
of weakening economic conditions, stubbornly
high asset prices and volatile public - offering markets, which discouraged pre-IPO deals.
If you had chosen «Call» and the
price of the
asset is
higher than the strike
price, at the end
of the contract period, you win the trade.
Basically, in the
High / Low options, you predict the final
price of an underlying
asset relative to its current
price.
That said, people with
higher incomes and
higher net worth tend to be sensitive to the impact
of interest rates changes on
asset prices.
The initial public offering
price is substantially
higher than the pro forma net tangible book value per share
of our common stock immediately following this offering based on the total value
of our tangible
assets less our total liabilities.
Our straight A's will have come in the form
of building a portfolio around
high - quality and predictable carry, coupled with
assets defined by attractive
price characteristics.
Biofuels don't help, but biofuels are the result
of high oil
prices, which are the result
of poor incentives to bring oil up (both because
of low yielding U.S.
assets and political resentment over U.S. foreign policy).
Ride - sharing services such as Uber Technologies Inc. and Lyft Inc., and the advent
of electric vehicles and driverless cars, are poised to chip away at the
higher prices that real estate around subways and bus stops has earned, according to a report from MetLife Inc.'s
asset - management business released Tuesday.
Since the fundamental value
of an
asset in a financial market is an aggregation
of the stochastic stream
of future dividends, trading at
prices higher than the fundamental value is only profitable when there is a widespread belief that other traders will continue to buy at
prices even further away from fundamental values.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation
of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature
of the restaurant industry; factors impacting our ability to drive sales growth; the impact
of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack
of suitable new restaurant locations;
higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the
price and availability
of key food products and utilities; shortages or interruptions in the delivery
of food and other products; volatility in the market value
of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk
of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value
of our goodwill or other intangible
assets; a failure
of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
In finance, a pump and dump is a form
of fraud that involves artificially inflating the
price of an
asset through misleading sentiment in order to sell it at a
higher price in the near future.
The Japanese stock market was riding
high on the back
of a bubble in
asset prices, which also boosted the
prices of Nikkei stock exchange.
ESMA issued a call to submit evidence on potential interventions in crypto CFD, arguing that the very
high price volatility
of crypto currencies as the underlying
assets have raised concerns about the protection
of investors.
Unless the supply
of good buyout targets increases, all this excess capital will only serve to increase competition and keep
asset prices high, which could depress returns going forward.
At a base level, Double Up should only be used during times when the
price of your chosen
asset is clearly trending in the predicted direction,
higher or lower (as forecast) than the entry
price.
Shares
of closed - end funds trade at their market
price, which may be
higher or lower than a fund's net
asset value (NAV) per share.
The SNB's «profit was lifted by a trio
of positive forces: Low bond yields preserved the value
of its foreign bonds;
higher equity
prices raised the value
of SNB holdings... and the weaker Swiss currency made those foreign
assets worth more in franc terms.»
Higher oil
prices would reinforce current market trends based on reflation: rising long - term bond yields and a shift out
of perceived safer
assets — bond proxies and low - volatility stocks — and into cyclical
assets such as EM.
«[Crypto values] went too
high, too fast... at the time I urged caution, saying an
asset that goes almost vertically up should typically raise alarm bells for investors... Arguable, even before the frenzied peak in December, when the
price of one Bitcoin reached an all time
high of more than $ 19,000, the market was beginning to become frothy and overheated.»
We believe that our portfolios represent the best possible mix
of high quality
assets, financial staying power, and dynamic exposure to the better gold
price environment that we expect.
May 3 - Rising costs start to squeeze American businesse CNN Money May 3 - Home
Prices Jump Again And «$ 3 Gas Is Coming» Dollar Collapse May 3 - Gold
price claws its way
higher on Fed meeting and geopolitics Gold - Eagle May 2 - Q&A on SS Central America Gold Coins CoinWeek May 2 - Goldman says case for owning commodities has «rarely been stronger» than it is now CNBC May 2 - Gold, Silver See Corrective Bounces Ahead
Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise
of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin
of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era
of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectibl
of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold:
Asset, Commodity, Currency Or Collectible?
This was largely a function
of the coincidence
of high real interest rates and
high asset price inflation over much
of the period — more so, perhaps, than the exercise
of exceptional investment skills as such.
Prices are sharply lower than all - time
highs above $ 1,900 in 2011, when a worsening debt crisis in Europe sparked buying
of safe haven
assets.
«Despite an estimated $ 3 trillion
of art
assets in the world, only $ 44 billion trades in a given year — and less than 2 percent
of qualified buyers participate in this market due to
high transaction costs, long lead times, and limited transparency on
pricing and value,» Artsy will bring this last major consumer category online and thereby substantially expand the size
of the global art market.
Although decades
of history have conclusively proved it is more profitable to be an owner
of corporate America (viz., stocks), rather than a lender to it (viz., bonds), there are times when equities are unattractive compared to other
asset classes (think late - 1999 when stock
prices had risen so
high the earnings yields were almost non-existent) or they do not fit with the particular goals or needs
of the portfolio owner.
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.
Gaps that appear during periods
of high trading activity but where the
price is not generally moving very much can be an indication
of a new breakout, i.e. that the
asset's
price will start moving in that direction.