It all means that at a time when families are particularly rattled by the volatility and low
returns of financial markets and want the security of a prepaid plan, the college savings vehicles have become more expensive and higher risk than consumers realize.
The biggest takeaway from 2016 is the behavior and
returns of financial markets are impossible to predict.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft
market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and
markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16)
returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over
financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
We'll also see a new generation
of business leaders that better reflects the
market they're trying to serve, and ultimately delivers higher
financial returns for investors.
Of course, the banks also had a lot to do with the rise of the S&P 500, which is weighted by market - cap, during the same period: Nearly 36 % of the S&P 500's returns since the election came from financial stocks, according to S&P Globa
Of course, the banks also had a lot to do with the rise
of the S&P 500, which is weighted by market - cap, during the same period: Nearly 36 % of the S&P 500's returns since the election came from financial stocks, according to S&P Globa
of the S&P 500, which is weighted by
market - cap, during the same period: Nearly 36 %
of the S&P 500's returns since the election came from financial stocks, according to S&P Globa
of the S&P 500's
returns since the election came from
financial stocks, according to S&P Global.
And though much
of the attention is stuck covering the transient, yet lucrative
financial returns found in cryptocurrency
markets, the long - term implications
of the backend technology may turn out to be 100x more impactful.
Failure to agree on debt relief to Greece would not only make Greece's
return to the
markets more abrupt but also compromise the credibility
of providing
financial assistance to European countries.
Still, even if you take out the Obama Trauma, in which the stock
market fell nearly 13 % following the current president's election in 2008 — and, to be fair, the country was in the middle
of a
financial panic — the average
return in a month following the election is 0.4 %.
As the bank earnings flurry rolls on this week, the
financials sector should be able to play catch - up and
return to being one
of the best - performing groups in the
market.»
Failure to agree on debt relief for Greece would not only make Greece's
return to the
markets more abrupt but could also compromise the credibility
of providing
financial assistance to European countries.
And because the TSX has come to be dominated by two sectors in particular —
financial services and resources account for close to 60 %
of the index's $ 1.9 - trillion
market capitalization — any strife facing companies in those sectors has an outsized effect on overall
returns.
The consultants spend six to 12 months analyzing the attractiveness
of a potential
market, evaluating the capabilities needed to win in that
market, assembling the resources needed to master them, detailing the action steps to implement the strategy and building a robust
financial model that estimates the investment required and the expected
return.
New business software lets executives track the
financial returns of marketing campaigns.
«The idea is that as institutional investors seek out increasingly higher levels
of risk /
return, that Bitcoin may represent the most risky / potentially highest
return available, and hence could be evolving quickly into a primary barometer / leading indicator for broader
financial markets and risk appetite.»
«The dominant determinants
of long - term
financial success are not
market returns but rather [your] behavior.»
And because the TSX has come to be dominated by two sectors in particular —
financial services and resources account for close to 60 per cent
of the index's $ 1.9 - trillion
market capitalization — any strife facing companies in those sectors has an outsized effect on overall
returns.
In conclusion, we do not believe that geopolitical events, such as yesterday's U.S. elections, are long - term determinants
of economic growth and
financial market returns.
The premise behind an immediate annuity is simple: You invest a lump sum
of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in
return you receive a guaranteed monthly payment for life regardless
of how the
financial markets perform.
When Fed policymakers met in July, most
of those fears had been eased as strong job growth
returned and
financial markets weathered the «Brexit» vote.
The increase in the ties between national
financial systems, the greater sophistication
of financial markets and
financial market instruments allow risks to be shared more broadly and capital to flow to where the
returns are expected to be the highest.
Given those durations, an investor with 15 - 20 years to invest could literally plow their entire portfolio into stocks and long - term bonds, in expectation
of very high long - term
returns, with the additional comfort that their
financial security did not rely on the direction
of the
markets, thanks to the ability to reinvest generous coupon payments and dividends.
The model is both objective, using elements such as volatility
of past operating revenues,
financial strength, and company cash flows, and subjective, including expected equities
market returns, future interest rates, implied industry outlook and forecasted company earnings.
These issues are playing out in
financial markets around the world, and can impact the risk and
return profile
of an investment.
The
return of volatility is one
of the biggest themes in
financial markets so far this year.
To get a sense
of what's at stake when you pull out
of the
market, even temporarily, during a bear
market, the Schwab Center for
Financial Research compared the
returns from four hypothetical portfolios:
The Schwab Center for
Financial Research looked at both bull and bear
markets in the S&P 500 going back to the late»60s and found that the average bull ran for more than four years, delivering an average
return of nearly 140 %.
The emergence
of green bonds serves as a prime example
of the evolving
market landscape and points to a future where attractive
financial returns and positive societal and environmental outcomes can happen simultaneously.
Decades
of financial research have identified dimensions
of higher expected
returns in the global capital
markets.
Mr Horton said the objective
of hedge funds was to achieve consistent, competitive risk - adjusted
returns independent
of the direction
of financial markets.
The flow
of cheap money didn't stop in the U.S.
Financial experts say it ended up chasing higher
returns all over the world, especially in emerging
markets, where investors supplied the capital for projects in places such as China and Brazil and contributed to the excesses in property
markets including London; Sydney, Australia; and Vancouver, Canada.
«Portfolio strategies should acknowledge bite - sized future
returns and the growing risk that the negative consequences
of misguided monetary and fiscal policy might lead to disruptive
financial markets at some future point,» he concludes.
Equities are essentially 50 - year duration investments at current valuations, and even if investors are passive and don't hold any view about future
market returns at all, one
of the basic principles
of financial planning is to align the duration
of ones assets with the expected horizon over which the funds are expected to be spent.
With regard to recent performance, which has been positive but modest since the
market peak last year, the main factor that has kept our
returns relatively restrained despite the collapse
of financials has been the simultaneous collapse
of technology and consumer stocks, with cyclicals and commodities providing the greatest support to the major indices.
There is no assurance that the
financial markets will behave in accordance with expected
return / risk profiles classified on the basis
of historical relationships, nor that the Hussman Funds will achieve their investment objectives.
On the other side, imagine looking at the incredibly ugly
financials of what was then called Apple Computer, now just Apple, prior to the
return of Steve Jobs from exile when he transformed the business he founded, taking it on a run that ended up resulting it in having the world's largest
market capitalization.
Market - makers must be willing to take on risk by building inventory positions (see Box 1 for a discussion of the economics of market - making).4 As with other types of financial intermediation, willingness to build positions depends on assessments of risk and r
Market - makers must be willing to take on risk by building inventory positions (see Box 1 for a discussion
of the economics
of market - making).4 As with other types of financial intermediation, willingness to build positions depends on assessments of risk and r
market - making).4 As with other types
of financial intermediation, willingness to build positions depends on assessments
of risk and
return.
Recent declines in gold serve to validate the
return of fundamentals to the outlook for
financial markets following the «risk off» episodes
of Greece and China.
Ever since his breakthrough book, Bull's Eye Investing: Targeting Real
Returns in a Smoke and Mirrors
Market (Wiley, 2004), best - selling author, analyst, and
financial writer John Mauldin has been helping individual investors and institutions develop a clearer understanding
of the forces driving the global economy and investment
markets.
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.
So with that said, if you know
of a problem that a particular industry is going through, and if your
financial product can alleviate that problem, that would yield a better
return on investment from your
marketing campaign.
Subdued dollar trading and the quiet on bullion boards came against a backdrop
of geopolitical worry and volatility on
financial markets: If the Fed fails to deliver a hawkish hike, gold is likely to find a bid with the focus
returning to safe haven and diversification demand
«We are working to ensure that our
financial institutions and other
market participants are prepared for the normalization
of monetary policy and the
return to a world
of higher interest rates,» Fischer said.
The plumbing and mechanics
of the synthetic gold
market, in our opinion, are symptomatic
of a more generalized preoccupation in the
financial markets at large for risk mitigation, and a quest for greater leverage during a
market phase where
returns have been compressed by an excess
of capital.
We believe that when clarity
returns, the
financial markets of recent years will be unmasked to have been a comprehensive manipulation made possible by the alchemy
of transforming real assets into hyperactively traded derivatives, ETPs, and
financial benchmarks.
They also remarked, «the number
of banks which are becoming reliant on the ECB is alarming and hopes that the functioning
of the European
financial markets will ever
return to normal are diminishing - creating a long - term threat to Europe's economy.»
Two severe bear
markets and a near - collapse
of the global
financial system pushed the average annual
returns down to negative numbers.
While there are plenty
of ways to play the stock
market, we prefer to profit by adhering to an investment discipline known as socially responsible investing, which considers things like environmental, social and corporate governance criteria to generate long - term
financial returns as well as a positive social impact.
With millions
of dollars in play, venture capitalists are looking for startup companies that know their
market, don't overexaggerate their
financial prospects and have the right team to convert ideas into
returns.
Second, while growth has been disappointing in both developed and emerging
markets,
financial markets remain hopeful that better economic data will emerge in the second half
of 2013 and 2014, especially in the US and Japan, with the UK and the eurozone bottoming out and most emerging
markets returning to form.
The dramatic growth
of the green bond
market demonstrates that investors are ready to invest when they are offered attractive options that fit their
financial requirements for risk - adjusted
returns.