You can listen to facile comments from PIMCO; everyone is focused
on economic weakness, and few are focused on rising inflation.
With the bear market that started in 2011 likely being over, further hints
on economic weakness could cause a sustainable rally gold, even without a clear signal from the central banks that, in fact, interest rates will remain depressed for the foreseeable future.
Reading Time: 5 minutes In the past few weeks we have reported
on the economic weakness in Europe.
But for the last few days, global markets have been in a rout, based
on economic weakness in emerging markets.
Not exact matches
LONDON, Nov 1 - European shares rose
on Thursday, bolstered by relatively robust earnings reports despite
economic weakness, while the euro was flat as uncertainty over how the euro zone will handle crises in Spain and Greece dragged
on.
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.
He said the central bank's rate rise talk could restart the negative feedback loop that took place this year, when a strong dollar leaned
on emerging markets currencies, including the Chinese yuan, and commodities prices, creating tight financial conditions and
economic weakness.
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.
The initial thrust of this
economic downturn occurred
on the capital spending side, but consumer
weakness has been relatively slow to emerge.
On the surface, you really can't argue it —
economic growth contracted by more than the Bank anticipated in Q1, and that
weakness (again, a 0.065 % monthly decline) stretched into the start of Q2.
The Bank of Canada (BoC) opted to leave interest rates unchanged during the first quarter, and we think it is likely to remain
on hold unless
economic weakness and an energy price swoon return.
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.
Normally, the prospect of
economic weakness would provide some support for a longer duration, but the evidence
on inflation is not benign.
The rate hike will further tighten domestic liquidity, putting a strain
on the domestic corporate sector and reinforcing
economic weakness, Parpart noted.
Markets are spooked, interest rates are
on the rise across the globe, and a manufacturing survey hinted at new
economic weakness in China.
On the
economic front, I believe that the most consistent interpretation of the data is that of an economy that is generally deteriorating, but where the
weakness in leading indicators hasn't filtered through to the most lagging ones.
Even if China's debt and real estate bubbles don't pop, resulting in a global recession, slowing
economic growth from China could have a detrimental effect
on long - term energy prices and result in prolonged
weakness in the entire energy sector, including oil services suppliers such as U.S. Silica.
The first is that while STORE's tenant base is largely immune from current industry challenges (the decline of brick - and - mortar retail), that doesn't mean its heavy focus
on services isn't exposed to
economic weakness, such as when consumer spending falls during a recession.
«Heightened global
economic uncertainty and ongoing energy price
weakness continues to weigh
on the Canadian manufacturing sector, as indicated by October's record - low reading of 48.0,» said Craig Wright, senior vice-president and chief economist, RBC.
John McCain could be sharp and concise in many matters of foreign affairs, but when it came to articulating his views
on economic issues, he could not cover his
weaknesses.
Only if it is a practical or moral
weakness for a human
economic system to be based
on selfishness.
Huckabee has an instinctive sense of the party's
weakness on economic issues.
much like when a country can't divulge highly classified information publicly for obvious
economic and military reasons, a professional soccer organization must keep certain things in - house so they don't devalue a player, expose a
weakness, provide info that could give an opposing club leverage in future negotiations and / or give them vital intel regarding a future match, but when dishonesty becomes the norm the relationship between cub and fan will surely deteriorate... in our particular case, our club has done an absolutely atrocious job when it comes to cultivating a healthy and honest relationship with the media or their fans, which has contributed greatly to our lack of success in the transfer market... along with poor decisions involving weekly wages, we can't ever seem to get true market value for most of our outgoing players and other teams seem to squeeze every last cent out of us when we are looking to buy; why wouldn't they, when you go to the table with such a openly desperate and dysfunctional team like ours, you have all the leverage; made even worse by the fact that who wouldn't want to see our incredibly arrogant and thrifty manager squirm during the process... the real issue at this club is respect, a word that appears to be entirely lost
on those within our hierarchy... this is the starting point from which all great relationships between club and supporters form... this doesn't mean that a team can't make mistakes along the way, that's just human nature, it's about how they chose to deal with these situations that will determine if this relationship flourishes or devolves..
This approach has a big
weakness: critics will see in this outspoken attack
on the Labour party a natural willingness of the Lib Dems to lean towards the credibility of their
economic strategy over fairness.
It will focus
on two points of
weakness: the Labour leader's
economic sums don't add up.
In a bid to capitalise
on Labour's newfound
economic weakness, Mr Cameron will today give a speech to the City of London.
The head of the state's Republican party, Ed Cox, jumped
on Cuomo's perceived
weakness, pointing out that the governor's job performance numbers have been «underwater» for months now, and predicting that the ongoing investigation of the Buffalo Billion and other high tech
economic projects means that «dissatisfaction will grow.»
Kim called for a tax
on political action committees, and said he would hire a
economic development caseworker who would analyze the strengths and
weaknesses of each community in the district.
The head of the state's Republican party, Ed Cox, jumped
on Cuomo's perceived
weakness, pointing out that the governor's job performance numbers have been «under water» for months now, and predicting that the ongoing investigation of the Buffalo Billion and other high - tech
economic projects means that «dissatisfaction will grow.»
The open innovation initiative in Lombardy is founded in the European Commission's Research and Innovation Strategies for Smart Specialisation (RIS3), which include reports
on the region's strengths,
weaknesses, and areas of opportunity from the Organisation for
Economic Co-operation and Development (OECD).
The pair, who accuse Rouhani of anemic
economic progress and
weakness in negotiations with the West, even campaigned together
on Tuesday.
The end of the bipolar world with the collapse of the Soviet Union in 1989 made to materialize the hegemonic situation exerted by the United States in the world that is threatened today by its
economic weakness and the
economic and military rise of China that has highlighted in the geopolitical world by great political influence, military and
economic in the Asian and international scene thanks to the great extension of its territory (ranked third in territorial dimension
on the planet), high number of inhabitants (about 1.3 billion, most populous in the world) and the dynamism of its economy (the economy is currently showing the highest growth rates
on the planet).
Academic learning that comes to mind includes more prosaic elements of law, such as contract vs criminal vs administrative law; the developmental history of their own city; recent (50 years) political history of their city; basics of land law; current vs past thinking in urban planning; specific budgetary investigations at both the state and local level; school funding law in their state; essentials of Leadership, EPA impacts
on dismantling abandoned structures;
economic price theory; or the competitive strengths and
weaknesses of their own city or region.
Students will focus
on weaknesses within the leadership, emerging ideas during that time, and an issue —
economic, political, or social — that led to the revolution.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general
economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, the potential adverse impact
on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses, the risk that the transactions with Microsoft and Pearson do not achieve the expected benefits for the parties or impose costs
on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion contemplated by the relationship with Microsoft, including that it is not successful or is delayed, the risk that NOOK Media is not able to perform its obligations under the Microsoft and Pearson commercial agreements and the consequences thereof, risks associated with the restatement contained in, the delayed filing of, and the material
weakness in internal controls described in Barnes & Noble's Annual Report
on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report
on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report
on Form 10 - K for the fiscal year ended April 27, 2013, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the effect of the proposed separation of NOOK Media, the general
economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, risks associated with the commercial agreement with Samsung, the potential adverse impact
on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses (including with respect to the timing of the completion thereof), the risk that the transactions with Pearson and Samsung do not achieve the expected benefits for the parties or impose costs
on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion previously undertaken, including any risks associated with a reduction of international operations following termination of the Microsoft commercial agreement, the risk that NOOK Media is not able to perform its obligations under the Pearson and Samsung commercial agreements and the consequences thereof, the risks associated with the termination of Microsoft commercial agreement, including potential customer losses, risks associated with the restatement contained in, the delayed filing of, and the material
weakness in internal controls described in Barnes & Noble's Annual Report
on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report
on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report
on Form 10 - K for the fiscal year ended May 3, 2014, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.
On the other hand, investors fleeing value in anticipation of
economic weakness would have missed value's outperformance during the recession of 1981 - 1982.
While an aggressive exposure in precious metals most likely will require a reversal of long - term interest rate trends and some amount of fresh
economic weakness, our focus is not so much
on the next Market Climate we may observe next but
on the Climate we observe at present.
Temporary factors, including the damping effect of higher food and energy prices
on consumer purchasing power and spending as well as supply chain disruptions associated with the tragic events in Japan, appear to account for only some of the recent
weakness in
economic activity.
Market commentators are continually thinking up new ones, based
on recent market strength or
weakness, historical market patterns, political or
economic predictions, changes in tax policies — the list is endless.
These include how much debt it has, and the interest rate
on that debt, how sensitive it is to
economic cycles, its strengths and
weaknesses in relation to competitors and so
on.
On the way down, it was a sign of
economic weakness.
On the other hand, in spite of the cyclicality of their earnings, most of the companies on the conservative list have consistent long - term records of paying a dividend without cutting it during economic weaknes
On the other hand, in spite of the cyclicality of their earnings, most of the companies
on the conservative list have consistent long - term records of paying a dividend without cutting it during economic weaknes
on the conservative list have consistent long - term records of paying a dividend without cutting it during
economic weakness.
Not surprisingly,
economic weakness has taken its toll
on stock assets.
Companies with a large share of global sales have outperformed other groups of stocks this year based
on the uncertain prospects for the US economy, U.S. dollar
weakness, and high hopes for a global
economic recovery, spurred by developing economies.
On the other hand, the recent bounce in the oil price, sterling
weakness / volatility, plus the upcoming UK referendum, are all head - winds which mitigate the positive impact of Ireland's ongoing
economic recovery.
The author focuses
on the
weaknesses of US
economic policy, but is less critical of bad
economic policies being pursued around the world, with the poster children being Japan, China, and the EU.
But equity analyst Meyer Shields of Stifel Nicolaus slapped the dreaded sell
on Warren Buffett's baby Thursday, citing
economic weakness and the potential «double whammy» that the recent stock market correction might mean for Berkshire's equity portfolio and derivative positions.
For example, all estimates of government revenue and outgo depend
on some sort of
economic model, which superficially have the same
weaknesses as climate models: validation issues, adjustable parameters, some key processes (convection, precipitation, human behavior) can't be reliably modeled.
Despite gas prices falling for 13 consecutive weeks, consumer confidence continues to stagnate
on concerns about high unemployment, the European financial crisis
economic weakness at home, as well as a shaky stock market.