Over
the past decade lower volatility stocks in the S&P 500 have outperformed the index as a whole.
Not exact matches
Over the
past decade, domestic consumption's share of the economy has plunged from around half to a miniscule 35 %, the
lowest of any significant economy ever, according to Michael Pettis, a finance professor at Peking University whose online writings have become must - reads for those eager to divine what's really going on in China.
Hyundai and Kia both increased their shares of the U.S. new - vehicle market in the
past decade, particularly during the economic downturn of 2008 to 2010 when consumers sought out fuel - efficient and relatively
low - priced vehicles.
In fact, of those eight films, five of them have made less at the box office than Crash, which is currently the fifth -
lowest grossing film of the
past four
decades (in terms of sales adjusted for inflation).
His thesis is that the primary drivers of the banks» growth over the
past two
decades (
lower corporate taxes, a favourable regulatory environment allowing consolidation in the sector) will no longer be as significant, and a number of challenges — including new regulations — will slow their growth.
The problem, he warned, is that Canada's workforce is rapidly aging, while its companies are stuck in a
low productivity gear, putting the country on track to generate only half of the annual growth in the next few
decades that Canadians have come to expect over the
past 50 years.
ETFs, which typically have
lower fees than mutual funds, have enjoyed several-fold growth in assets over the
past decade as investors have sought to reduce the overall cost of their investments.
But it won't happen for a while for one reason: On average the folks who pocketed those nearly double - digit gains in
past decades were buying at far
lower prices than the big valuations prevailing today.
However this will be a gradual process and prices are likely to remain in the
lower end of the range in place over the
past decade.
Thus far, The Artist has grossed more than US$ 30 million in theatres, making it the second -
lowest grossing best picture winner of the
past three
decades.
The state's oil production grew tenfold over the
past decade as it built a thriving oil shale industry virtually from scratch, driving unemployment to a national
low and filling government coffers with surging tax revenue.
The ratio has previously been this
low only six times during the
past two
decades; whenever that happens, stocks have rallied over the next year by more than 50 %, on average.
At the same time, however, these figures are
lower than average U.S. - Mexico trade imbalances for most of the
past decade.
This was partly because
low coffee prices prevailing during the
past decade encouraged under - investment in infrastructure.
Here are the five
lowest - grossing Best Picture winners of the
past four
decades.
Even with a boost in ticket sales potentially on the way, though, Birdman is currently among the
lowest - grossing Best Picture winners at the Academy Awards over at least the
past four
decades.
Brazil's World Cup is a fiscal fiasco: Brazil has enjoyed a certain swagger over the
past decade, as rising incomes and
low unemployment fuelled a sustained burst of growth.
Now as economic indicators like
low unemployment and increased consumer spending tick toward the positive, many economists are pointing to a limited rate hike as a way to move the economy towards normalcy after the volatility of the
past decade.
Central banks are signaling they will lean toward supporting demand by taking care to remove the record
low interest rates of the
past decade.
For instance, the U-6 rate measure that covers individuals who gave up looking for a job, or those who work part - time but want to work full - time, dropped to 86 percent in April, the
lowest level in the
past decade.
Yet another critical factor is often overlooked in explanations of
low interest rates: a structural rise in risk aversion and savings over the
past two
decades.
The
past decade has been a relatively good time for companies to hold debt as funding costs were
low and bond investors were willing to snap up virtually any new offering.
Although this might still be regarded as quite high in absolute terms, it is towards the
lower end of the range in which it has fluctuated in the
past two
decades.
The speech goes on to note that, although the economy performed well overall, the average growth rate of real GDP has been
lower in the
past decade than the one before.
To conclude, over the
past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major economic downturn, seen remarkably little variability in real economic activity in the face of enormous shocks, experienced a fairly
low average rate of unemployment, and had a stable financial system as well.
It notes that global growth was
lower and much more variable in the
past ten years than in the preceding
decade.
Washington's mortgage rates have been
lower than the national average rates for the
past decade.
Overall, cash returned to shareholders is much
lower today — even with the recent surge instigated by activist campaigns — than in
decades past when the economy enjoyed much more robust growth.
For much of the
past decade there has been a growing recognition that Chinese growth has been seriously unbalanced, as Premier Wen put it, and that at the heart of the imbalance has been the very
low consumption share of GDP.
Even if the growth rates of nominal GDP and U.S. corporate revenues (including foreign revenues) over the coming 20 years match their 4 % growth rate of the
past 20 years, and even if the most reliable valuation measures merely touch their historical norms 20 years from today, the S&P 500 Index two
decades from now will trade more than 20 %
lower than where it trades today.
A lot of wealth has been generated in China in the
past three or four
decades, and the household share of that wealth is among the
lowest ever recorded.
Yet on the whole, given their positive experience both with receiving more income than they could get from the fixed - income sector in recent years and the potential for capital appreciation over the long haul, dividend stocks and the ETFs that own them have demonstrated their long - term value to the investors who've gravitated toward them during the
low - rate environment of the
past decade.
If five years from now the yield simply returned to its level of a
decade ago (and just in case you think I'm cherry picking, over the
past 25 years it has averaged a 7.5 % yield and at the
low in 1981 was twice that), bond investors would suffer a meaningful loss of capital.
These are helpful.You are right that market failures have hit elder popluation in heavy way in
past decade or so, and on top of that the fed locks interest at artificial rate
low, so if we did save like our wise elder and financial advisors told us to do, we now get about nothing at all in interest return on those life savings.
What is more, despite the increase over the
past decade, household debt is still at a relatively
low level in China.
Since risk spreads for most borrowers have also declined this means that overall borrowing costs for rated borrowers, corporate and most governments, are
low by the standards of the
past few
decades.
Inflation has remained at historically
low levels over much of the
past decade, well below the US Federal Reserve's target of 2 %.
In the final three months of last year the US dollar declined by 8 per cent against the euro and 7 per cent against the yen, to be around its
lowest level in the
past decade.
Such an expectation seems awfully
low for a company that has grown profits by over 20 % compounded annually for the
past decade.
The recent decline in the dollar is coming off those lofty levels; the U.S. Dollar Index is still trading more than 10 % above where it was when the post-QE3 run began in 2014, and more than 25 % above the
low of the
past decade (set in 2008).
Rates today are historically much
lower than during
past decades.
At this level, the unemployment rate is close to the cyclical
lows reached during the
past two
decades.
In the
past several weeks, the Canadian dollar has hovered between 69 and 75 cents U.S., in its
lowest exchange rate in over a
decade.
Growth of non-farm GDP over the latest four quarters for which we have data was just over 4 per cent; domestic demand, while slowing a little from its most recent peak, expanded by 5 1/2 per cent over that period; employment growth over the
past year has been around trend, though
lower in recent months, and the unemployment rate has remained close to the
lower end of the range in which it has fluctuated over the
past two
decades.
To tie all these topics together, below is a new bracket with 8 benchmark indexes that shows that two indexes that buy VIX call options (LOVOL and VXTH) had the
lowest standard deviations over the
past decade.
Debt servicing ratios of both the corporate and unincorporated sectors have been
lower for the
past couple of years than at any time in the preceding
decade (Graph 6).
The ratio of gold prices versus silver prices is now up to the type of high reading that in the
past 2
decades has marked an important
low for both gold and silver prices.
Although the
low interest rate environment over the
past decade has compressed bank NIMs, we expect U.S. - led reflation — rising nominal growth, wages and inflation — to accelerate.
In our view, with investment management fees coming down significantly over the
past decade, it is entirely possible for plan sponsors to add skilled active management to their core lineup, at
lower cost than in the
past and with potentially broader opportunities than index funds alone.
Statistcs show giving to charities are at an all time
low and have been dropping over the
past decade even before the economic recession.