The second cyclical factor that has had a major impact on our exports and business investment is the protracted recovery of the US economy — the slowest in the postwar period.10 When oil and
other commodity prices rose in the years before the 2014 oil price shock, so did our dollar, making our non-commodity exports to the United States less competitive and reinforcing the ongoing shift from manufacturing to services.
Not exact matches
Other underperformers could include emerging - market stocks, which, while positively affected by any
rise in
commodity prices, would be vulnerable to further strength in the U.S. dollar, in which much of their debt is denominated.
Such risks, uncertainties and
other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in
commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among
other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of
other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and
other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and
other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and
other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among
other things import / export) and
other laws and regulations in the U.S. and
other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the
other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give
rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market
price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or
other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
We know that Canada - along with
other commodity - exporting countries - has benefited from the
rise in
commodity prices since 2002.
Among
other things, my track record on predicting
rising oil
prices demonstrated that the traditional laws of supply and demand were no longer working for one of the economy's most basic and essential
commodities.
On one side of the equation we have
rising commodity prices, and on the
other side we have falling bond yields.
Overall inflation has
risen over the past two years, pushed up primarily by higher
prices for energy and
other commodities and industrial inputs.
Among
commodities, oil
prices moved higher as fears about
rising US shale production abated somewhat, and market participants began giving more weight to the effectiveness of supply cuts by members of the Organization of the Petroleum Exporting Countries and several
other large oil - producing countries.
Rapid growth in global steel demand has also boosted contract
prices for
other bulk
commodities; coking coal contract
prices increased, on average, by 25 — 35 per cent in US dollar terms in recent negotiations, while iron ore contract
prices have
risen by close to 20 per cent.
As the U.S. dollar
rises the general trend in
commodity prices denominated in U.S. dollars is downwards because they cost more when purchased with
other currencies.
Some of the
price rises for Australia's important
commodities, for example, signal international pressure on steel
prices and non-oil energy costs, and therefore a range of
other prices.
Even before the
price rises for oil and
other commodities seen this year, Australia had experienced a significant pick - up in inflation, in the mature phase of a long period of economic expansion.
We also still favor assets levered to
rising oil
prices — energy stocks and select master limited partnerships — and
other commodities that should benefit from accelerating global growth.
It has been a little stronger than the
other currencies in the group, as international investors have been attracted to the currency by the prospect of strongly
rising commodity prices and the positive interest rate differential.
The increase in the quarter reflected a further small
rise in world
commodity prices and
other goods export
prices, coupled with gains in the services terms of trade.
The
prices of
other resource
commodities also
rose moderately in the three months to October.
World food
prices posted their biggest monthly
rise for four years in June, buoyed by a surge in sugar and increases for most
other edible
commodities, the United Nations food agency said on Thursday.
Global dairy
prices leapt up in January
rising more than any
other group of food
commodities in the monthly Food
Price Index, published by the UN food agency.
But the
rise in oil and
commodity prices pushed up inflation in the UK more than in
other countries, demonstrating the downsides of a policy of deliberate devaluation to which much of the British economic policy establishment remains committed as an article of faith, despite little evidence that it has done much long term good.
With the
price of fossil fuels and
other commodities rising, a lot of that is down to economic self - interest.
Although recently
rising prices for stocks, high - yield bonds,
commodities and
other riskier assets would suggest otherwise, investors remain skittish over the still unresolved and quite concerning risks facing financial markets, such as the U.S. presidential election, the potentially prolonged post-Brexit renegotiations, Italian bank solvency and a slowing China.
In my opinion, you're in a precious metals «bubble» when
rising prices are driven by the people's desire the own the
commodity without a reason
other than «the market is going up».
The
prices of energy and
other commodities have
risen of late.
We should expect gold, crude oil, and
other commodity prices to
rise to reflect that.
The problem is, inflation and high
commodity prices — including oil and gas
prices — tend to feed on each
other in a vicious circle: people stock up on
commodities to hedge against inflation, which leads to even higher
prices, and thus inflation continues to
rise.
«The problem that we have found, and I think a lot of
other manufacturers have found, is that
commodity prices have
risen quite a bit, and as a result, it's hard for us to keep a cap on the process,» says Larry Wright, president of The Green Pet Shop (booth 3809).
[* In my initial query to Brown, Smil and
others, I noted how Paul Krugman had migrated in the last several years toward the conclusion he made in December that
rising commodity prices were driven increasingly not by speculation or
other such factors but by fundamental constraints on resources in the face of fast -
rising demand).
Environmentalists blamed last year's changes to the country's code for the increase, but
other analysts pointed to
other factors including a weakening real, lack of incentives for farmers and ranchers to curb deforestation, and
rising commodity prices.
The same thing happens with a variety of
other commodities — when cigarette
prices rise in Texas, people in North Texas who can drive up to Cherokee Country do and bring back cheaper cigarettes.
He added of 2015 - 16: «On the one hand we had an M&A boom in developed markets during calendar 2015, while on the
other hand clients also had to contend with a slowdown in China, the collapse of oil and
commodity prices and
rising uncertainty over the UK's referendum on whether to leave the European Union.»
Prices for
other commodities that might be affected by trade deals and disputes have also stopped their sharp
rise since the beginning of the year.
This assuming real estate
prices rise along with
other commodities such as gold and silver.