Unlike Bombardier, we think the ARD deal is a classic late cycle example of investors
reaching for yield without considering the downside risk.
Investors have
reached for yield without regard for risk.
Not exact matches
These benefits would (i) largely go to developers and contractors
for infrastructure projects like new pipelines that would happen even
without new incentives and so be highly regressive; (ii) raise costs by failing to
reach the tax - free pension funds, sovereign wealth funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not
yield a pecuniary return
for investors; and (iv) by offering credits at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.
These benefits would (i) largely go to developers and contractors
for infrastructure projects like new pipelines that would happen even
without new incentives and so be highly regressive; (ii) raise costs by failing to
reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not
yield a pecuniary return
for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.
Too often investors
reach for the higher
yield without understanding the risks involved.
Their solution is to
reach for yield in things that seem appetizing,
without realizing the essential nature of risk and reward.
Late onset and early winter ending will reduce the length of growing season
for crops which will complete their biological life quickly causing reduction in
yields as plants will gain accelerated maturity
without reaching proper height and size.