This is preferable for infinite banking because you want to be able to take full advantage
of policy growth (cash value accrual) while ALSO taking advantage of policy loans for other investments such as real estate and hard money lending.
Non-direct recognition may be preferable for infinite banking because you want to be able to take full advantage
of policy growth (cash value accrual) while ALSO taking advantage of policy loans for other investments such as real estate and hard money lending.
Not exact matches
In a statement, Lee said that the «growing «sharing economy» is leveraging technology and innovation to generate new jobs and income for San Franciscans in every neighborhood and at every income level... San Francisco must be at the forefront
of nurturing its
growth, modernizing our laws, and confronting emerging
policy issues and concerns.»
Domestically, the Bank
of Canada's April 2016 Monetary
Policy Report projected real GDP
growth of 1.7 % in 2016, rising to 2.3 % the following year.
Tightening
of monetary
policy meant to cool the housing market over the past year, combined with a wind - down in public works, has served to slow GDP
growth into the single digits.
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.
David McIntosh, the President
of Club For
Growth, a Conservative Political Action Committee, called the
policy an «affront to economic freedom.»
«OPEC's current strategy hinges heavily on the prospects
of future demand
growth,» Bassam Fattouh and Andreas Economou at the Oxford Institute for Energy Studies wrote in a new paper on OPEC's
policy and choices.
If unregulated private lending sees a surge
of growth,
policy - makers could find themselves with a dilemma: Should they increase scrutiny
of this Wild West corner
of the lending industry?
Monetary and fiscal
policies can help to buffer some
of these effects, and help speed up the process by fostering
growth in other sectors
of the economy, but the adjustment must ultimately take place.»
«Persistent conflicts and their regional spillovers, security concerns, weaker - than - anticipated public investment (Afghanistan, Jordan), delays in implementation or completion
of structural reforms (Jordan, Morocco, Pakistan, Tunisia), and political and
policy uncertainty (Lebanon, Pakistan) continue to weigh on
growth.
The Bank
of Canada couldn't ignore an annual
growth rate
of 4.5 percent in the second quarter, which was much faster than expected: «That's kind
of what data dependent looks like,» Lane said, repeating Governor Stephen Poloz's mantra that the newest information will guide
policy.
The timing
of Lane's remarks suggests that he too disliked the tenor
of the debate around the role
of fiscal
policy in helping achieve faster economic
growth.
To the Fed's credit, the majority
of FOMC members in January 2008 based their
policy decisions on the mounting dysfunctional behavior
of the financial markets rather than ephemeral coincident indicators such as real GDP
growth.
With over 90 %
of the labour force in the informal economy, it is very difficult to assess the impact
of policy actions and measure true
growth.
Rather than the Fed pursuing a
policy resulting in some steady rate
of growth in the money supply, I would suggest that the Fed attempt to produce a steady rate
of growth in the sum
of the credit it creates and the credit created by depository institutions, i.e., commercial banks, savings associations and credit unions.
Growth did, in the end, accelerate to a projected 2.3 percent versus 1.5 percent — although it's hard to say how much
of that was due to Trump - era
policies.
If the Fed were to adopt an operating
policy of achieving a steady rate
of growth in nominal thin - air credit, it could return to its prior anonymity.
«We think there's a great combination
of policy, there's
growth, Europe is very open and the stocks in the (Euro Stoxx 50 benchmark) are representative
of global
growth more than in the U.S.,» Francesco Garzarelli, co-head
of global macro and markets research at Goldman Sachs, told CNBC on Monday at the bank's global strategy conference in London.
«Brexit is so uncertain... Trying to forecast exactly what it's going to do to
growth, to sterling and therefore to inflation and therefore to the Bank
of England's
policy is very, very difficult,» Rob Wood, chief economist at Bank
of America Merrill Lynch, told CNBC before the rate decision on Thursday.
I, therefore, thought that the Netherland's finance minister — a country serving as the key enforcer
of German austerity - at - all - cost (as long as the costs are not theirs)
policies — showed an incredible chutzpah when he lectured the U.S. Congress last Friday that it would be a real tragedy (sic) if mandated spending cuts were to stifle American economic
growth.
«
Growth is expected to turn positive in the first half
of 2013 due to Abe's supplementary budget and the BOJ's QE [quantitative easing]
policies.
Looser fiscal
policy in the near - term while demand is weak with the major cuts pushed to the back
of the forecast when economic
growth is likely to improve.»
Investors have piled back into the market in response to the adoption
of Prime Minister Shinzo Abe's radical economic
policies — coined «Abenomics» — which have fueled hope the world's third largest economy may be hauling itself out
of a decade
of stagnant economic
growth.
The key message conveyed by these numbers is this: Japan's loose monetary
policies of the last 15 years could not produce a
growth rate strong enough to lift the economy out
of deflation.
One
of the reasons the IMF has changed its tune on fiscal
policy is because research it has done in the past year shows that borrowing to pay for infrastructure pays for itself over the longer term by generating faster economic
growth.
Hence the question: Is it reasonable to expect that marginally looser
policies would now lead to more than tripling
of the
growth rate (to 1.5 - 2 percent) over the next two years, while raising the inflation rate from -0.3 percent to 2 percent — as the Bank
of Japan is promising?
Despite expectations
of higher
growth in 2017, the credit ratings agency is concerned with an uptick in government deficit as a result
of President - elect Donald Trump's
policies.
Similarly, against the backdrop
of new data, funding and
policy being implemented to address the opioid epidemic, we have an opportunity to further expand patient access to VIVITROL, increase utilization and drive
growth.»
This paper, however, proposes a different approach: Before pressing the overdrive button on money printing presses, Tokyo might wish to take a careful look at why the last 15 years
of ultra-loose credit
policies failed to move the economy closer to its estimated potential
growth rate
of 1.5 percent.
And that more proverbial «bridges and highways to nowhere» continue to take precedence over family support
policies that could serve as a formidable engine
of economic
growth.
The administration has other councils focused on other
policy areas, such as developing a competitive income tax code and streamlining burdensome regulation.UTC strongly supports the goals
of each
of these advisory committees as a way
of ensuring and enhancing America's
growth in the decades to come.
If we came to learn that excessive household debt posed a bigger threat to economic
growth than does a certain level
of government debt, then
policy makers would want to take that into account when setting interest rates.
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.
Despite the upgrade in near - term
growth expectations,
policy makers left the number
of hikes projected for 2018 effectively unchanged.
«There's no reason to think that the pace
of economic
growth today is excessive and needs to be slowed because
of incipient inflation,» Josh Bivens, research director at the Economic
Policy Institute, said in calling on the Fed not to hike.
But rather than politics, Darby, in a Dec. 3 report, wrote it's the country's monetary
policy — the Bank
of Thailand surprised analysts with an interest rate cut last month to boost
growth — that «ought to be setting the alarm bells ringing in investors ears.»
«We need to make sure that this does not translate into misguided
policies that could make the situation much worse, not only from the perspective
of trade but also for job creation and economic
growth and development which are so closely linked to an open trading system,» the report quoted him as saying.
While President Obama has supported a few proposals that benefit high -
growth, high - tech entrepreneurs (like the Jumpstart Our Business Startups Act, most
of his
policies have been hostile to the interests
of Main Street business owners, particularly those running labor - intensive businesses with low - wage employees.
CEO Steve Wynn also lashed out at the Macau government's
policy of reining in rampant casino
growth by capping the annual increase in gambling table numbers by 3 percent.
Izumi Devalier
of Bank
of America Merrill Lynch says continued
growth in Japan is a positive, but questions swirl around monetary
policy.
«Thanks in part to the forceful response to the crisis and
policies throughout the eight years
of the Obama administration to promote robust, shared
growth, the US economy is stronger, more resilient, and better positioned for the twenty - first century than ever before,» the White House said in an email after the jobs report.
Economic
growth, rising inflation expectations and a Fed
policy shift will challenge one
of today's most successful investing strategies: credit risk.
With the
growth of flex - time, video conferencing technology and bring your own device (BYOD)
policies, the HR professional is managing more moving parts than ever before.
The report said fiscal stimulus and a series
of cuts by the Federal Reserve to its
policy rate will help the U.S. economy to bounce back in 2021 and grow by 2.1 percent, followed by
growth of 2 percent in 2022.
However, protectionism, unexpected rapid tightening
of monetary
policy in some countries, and geopolitical tensions in North Korea and the Middle East pose potential risks to global
growth, Kuroda said.
When other countries saw the promise
of macroprudential
policy, they set up stand - alone entities to apply it, leaving monetary authorities free to concentrate on economic
growth and inflation.
A set
of policies aimed at middle class
growth does not require us to reject the widely accepted understanding that the supply side
of the economy determines long - run
growth.
On purely utilitarian grounds, it is desirable to have a higher proportion
of economic
growth going to low and middle - income Canadians, so long as the
policies to get us there do not reduce the
growth rate
of the economy.
In his job as an activist at the Center for Popular Democracy, Barkan led a successful effort to get Fed officials thinking more about low - income Americans as they conduct monetary
policy, often arguing against interest rate hikes in the face
of high underemployment and weak wage
growth.