It is easy to calculate the time constant of the decay rate of the extra volume, because that is in linear ratio with the increase in height of water in the tank, and we know the extra
outflow at the measured increase.
Well known fact: if a money fund experiences 20 % -30 %
outflow at 60 - day WAM with spread widening of 300 bps it breaks the buck on marked - to - market.
To offset the rising levels, the Corps has increased
outflow at the Moses - Saunders Dam on the St. Lawrence River between Massena and Cornwall, Ontario, throughout the past week.
The (optimistic) estimate of Ministry of Finances of Russia predicts annual net capital
outflow at $ 70 to 80 billion;
The IJC said it «found no justification to consider increased
outflows at that time, as such action would have lowered lake levels even further below average.»
... Based on the conditions in the basin last year, the Lake Ontario — St. Lawrence River Board found no justification to consider increased
outflows at that time, as such action would have lowered lake levels even further below average.
[1] Stars are forming in
the outflows at a very rapid rate; the astronomers say that stars totalling around 30 times the mass of the Sun are being created every year.
3) Hedge funds are getting
outflows at present (and here), and August performance was pretty bad (and here — look at «Splutter»).
Not exact matches
CNBC's Bob Pisani takes a look
at the inflows and
outflows for ETFs as the markets settle after recent volatility.
«
At the same time, there are clear downside risks: political uncertainty, including in Europe; the sword of protectionism hanging over global trade; and tighter global financial conditions that could trigger disruptive capital
outflows from emerging and developing economies,» the former French finance minister said.
We pay the credit cards 30 days later, which effectively ensures that our cash
outflow is
at least 55 days.
The unannounced change comes
at a time pundits are questioning whether
outflows have the potential to cripple China's currency and economy.
Omar said Malaysia was suffering particularly because it was an emerging market
at a time of capital
outflows, it was a net exporter of oil and gas
at a time of a significant drop in prices, and it was perceived to be badly affected by the Chinese slowdown as China was its largest trading partner.
We see the move as related to global emerging markets, where the MSCI EM index is down for the third day in a row and the largest EM ETF saw $ 320 million of
outflows yesterday following $ 550 million the previous day, said Mohamad Al Hajj, head of MENA equity strategy
at EFG - Hermes.
The NHS may be able to piece together numbers based on the 2006 census and available information on inflows and
outflows since then, but this is
at best a patch job.)
In itself, it seems fairly clear,
at least to me, that the current account surplus indicates that the RMB is undervalued on a fundamental basis, and that the balance of payments deficit is caused primarily by speculative
outflows, or other kinds of
outflows that are not sensitive to economic valuation issues.
Elsewhere,
at the single country and asset class fund levels, High Yield Bond Funds recorded their ninth consecutive
outflow while Inflation Protected Bond Funds took in fresh money for the 10th time in the 11 weeks, year - to - date.
They include upwards revisions in economic forecasts, expectation of monetary tightening, rising real and nominal long - term interest rates, fiscal stimulus on a huge scale in a full employment economy, rising protectionism that should choke off import flows, and tax reform directed
at reducing capital
outflows and increasing capital inflows.
«China's effort to curb capital
outflow continues,» said Frances Cheung, head of rates strategy for Asia outside Japan
at Société Générale.
EM ETPs have recouped 75 percent of 2015
outflows, the «short EM» trade is much less crowded than it was
at the start of the year, and EM valuations are no longer unambiguously cheap, our research suggests.
«Rising U.S. yields will cause volatility in capital flows into emerging markets, and with the Fed still likely to hike rates in December, the risk is for further
outflows,» said Khoon Goh, head of Asian research
at Australia & New Zealand Banking Group Ltd. in Singapore, referring the Federal Reserve.
While fixed - income ETFs had net inflows on the whole, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and the iShares 20 + Year Treasury Bond ETF (TLT) were
at or near the top of the
outflows list.
At the point where more workers retire than are being employed, the stock - market inflow of savings will turn into an
outflow.
According to Broadridge, the bulk of the $ 35 billion of net
outflows from actively managed mutual fund accounts held
at IBDs moved to ETFs, which recorded an increase of net new assets of $ 34.9 billion.
As noted earlier, arbitrageurs obtain a twofold gain: the margin between Brazil's nearly 12 % yield on its long - term government bonds and the cost of U.S. credit (1 %), plus the foreign - exchange gain resulting from the fact that the
outflow from dollars into reals has pushed up the real's exchange rate some 30 % — from R$ 2.50
at the start of 2009 to $ 1.75 last week.
Capital has been fleeing China, for example, since 2012,
at first mainly in reaction to the anti-corruption campaign, but later these
outflows were exacerbated by worries about the slowing economy.
When such movement is excluded from its
outflows by Morningstar analysts,
outflows for its Contrafund, for instance, stood
at about $ 530 million in July and $ 5.2 billion for the past year.
The currency is being let off its leash right
at the moment when market sentiment on China is pessimistic because of a continuing economic slowdown, an increase in private capital
outflows, and entrenched producer price deflation.
According to Genscape (for more information on Genscape data products visit their website) a modest increase last week in the pipeline net flow (inflow minus
outflow)
at Cushing, which could result inventories building in Cushing according to Genscape pipeline data only.
For a full list of this week's top inflows and
outflows, see the tables
at the bottom of this article.
To alleviate the slowdown and offset the liquidity drain due to continuing capital
outflows the People's Bank of China, the central bank, undertook further easing measures, cutting the reserve requirement ratio by a further 50 basis points to 17 % and 15 % for large and small banks respectively
at the beginning of March.
One thought here is the ongoing situation with Chinese
outflows, with data overnight showing their FX reserves dropping the most in 10 months... as such we see the Yuan
at 8 year lows against the Dollar.
A close look
at Global EM funds indicates that all EM markets are suffering
outflows Mutual fund and ETF investors in EMs both favour global EM funds.
But it may well be in China's and the global interest that the liberalization process proceed more gradually than is currently envisioned, so that capital
outflows from China do not threaten China's own financial stability and spread weakness to the global economy
at large.
You might be able to accumulate a lot
at the outset, and you may be able to collect hefty fees for doing the same old thing while things are rosy, but you may also be setting yourself up for capital
outflows and enormous headaches precisely when you need your dry powder and an open schedule.
Net debt excluding zinc metal prepay and perpetual securities of EUR 1.351 billion
at the end of Q1 2018, an increase of EUR 249 million on 31 December 2017 driven predominantly by working capital
outflow mainly due to higher commodity prices and amortisation of prepays.
At the same time, the
outflows of funds from Japan have helped to support bond and equity markets in a range of other countries, including Australia.
As for the BOJ, I suspect that
at least internally, they are targeting specific levels of the Yen and will stabilize its value
at some point to ensure capital
outflows don't derail the recovery.
«We may look back on this time as the «Crypto Tax Crisis of 2018,» as thanks to tax liabilities we're witnessing the most concentrated period of net fiat
outflows that the crypto asset ecosystem has experienced in its short life,» Chris Burniske, a partner
at Placeholder VC, and Jonathan Cheesman wrote in a recent, highly detailed Medium
Look around you
at the vast diversity of thought and expression which is the
outflow of creation.
The UN has «not seen a refugee
outflow escalate
at such a frightening rate since the Rwandan genocide almost 20 years ago,» said UN high commissioner for refugees António Guterres
at a New York meeting this summer.
Rampadarath explains: «Comparing the VLA images
at radio wavelengths to Chandra's X-ray observations and the hydrogen - emission detected by Hubble, shows that features are not only connected, but that the radio
outflows are in fact the progenitors of the structures seen by Chandra and Hubble.
Observations using ESO's Very Large Telescope have revealed stars forming within powerful
outflows of material blasted out from supermassive black holes
at the cores of galaxies.
The group observed the colossal winds of material — or
outflows — that originate near the supermassive black hole
at the heart of the pair's southern galaxy, and have found the first clear evidence that stars are being born within them [1].
The government for all its reach can't be everywhere and can't be
at every, you know,
outflow pipe or smoke stack and the environmental groups seem to be doing a better job, of kind of pointing to problematic
outflows of water pollution and saying, hey this is a problem can we clean this up and then the government can in some cases step in and in other cases...
[3] This was achieved through the detection of signatures characteristic of young stellar populations and with a velocity pattern consistent with that expected from stars formed
at high velocity in the
outflow.
The image shows the X-ray and H - alpha arcs, as well as the radio
outflows from the supermassive black hole
at the centre of NGC 5195.
«The nebula around J1834.9 stores the magnetar's energetic
outflows over its whole active history, starting many thousands of years ago,» said team member Jonathan Granot, an associate professor in the Department of Natural Sciences
at the Open University in Ra'anana, Israel.
«The gradual brightening of the radio signal indicates we are seeing a wide - angle
outflow of material, traveling
at speeds comparable to the speed of light, from the neutron star merger,» said Kunal Mooley, now a National Radio Astronomy Observatory (NRAO) Jansky Postdoctoral Fellow hosted by Caltech.
Recent works report that inflow and
outflow activities were most significant eleven billion years ago (
at redshift ~ 2), and were about a hundred times more active relative to those in the local universe.