But for long term bond fund investors, short
term changes in market values don't mean much.
If you continue to invest 5 years before retirement the same way you invested 25 years earlier, you may be undertaking a great deal of risk as your portfolio is subjected to short -
term changes in the market.
Unlike G&D, the entire focus of MCT is on near -
term changes in market prices.
Unlike Value Investors, MCT focuses strictly on near -
term changes in market prices.
Shorter term traders tend to focus on a primacy of the income account, near -
term changes in market prices, top - down analysis and equilibrium pricing (i.e., the market price reflects all - encompassing values).
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.
Google's plans to favour websites that have been optimized for a better mobile experience, is «reflecting the
change the consumer has made
in terms of digital behaviour,» Peter Vaz, chair of IAB Canada's mobile committee, told
Marketing.
Yet history has shown us for long -
term survival
in markets that
change rapidly that's definitely not the case.
We will continue to train you on a monthly basis for the life of your business on
changes in this fluid industry and new
marketing techniques to ensure growth and long -
term success.
«The Apple narrative appears weak both fundamentally and technically, and it is unlikely to
change significantly
in the near
term as the
market is selling both strong and weak technology earnings results,» said Shawn Quigg, an equity derivatives strategist at JPMorgan.
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.
While the Securities and Exchange Commission is attempting to ease the process of going public, recently widening the use of private draft - stage listings for example, long -
term secular
changes in the capital
markets suggest that private funds are likely to remain equally, if not more, appealing to growing firms than public financing.
This freedom to invest
in the long
term, coupled with the ability to reposition quickly as
markets change, has been part of the McCain story from the beginning.
The appetites of public
market investors are constantly
changing in the search for short -
term profits.
While some long
term trends
in the Australian energy
market continue — such as strong growth
in Queensland and Western Australia — the sector is undergoing rapid
change.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives;
changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications;
changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological
changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success
in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations;
changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital
markets at the times and
in the amounts needed and on acceptable
terms; and other events beyond the Company's control that may result
in unexpected adverse operating results.
For example, the expected timing and likelihood of completion of the proposed merger, including the timing, receipt and
terms and conditions of any required governmental and regulatory approvals of the proposed merger that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event,
change or other circumstances that could give rise to the termination of the merger agreement, the possibility that Kraft shareholders may not approve the merger agreement, the risk that the parties may not be able to satisfy the conditions to the proposed transaction
in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the
market price of Kraft's common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Kraft and Heinz to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally, problems may arise
in successfully integrating the businesses of the companies, which may result
in the combined company not operating as effectively and efficiently as expected, the combined company may be unable to achieve cost - cutting synergies or it may take longer than expected to achieve those synergies, and other factors.
While most investors who have a long -
term plan probably don't need to make any portfolio
changes in anticipation of a spike
in market volatility, some more active investors may want to take action to prepare for a correction.
Adding these new names to the fund has also
changed the complexion of the portfolio
in terms of
market cap.
When the stock
market started a bull run later
in Obama's
term, the air was taken out of the idea that the president was to blame for the dip, especially since none of his fiscal policies
changed.
In recent months, I've emphasized that despite prospects for a prolonged recession which I would expect to keep the stock market in a very wide trading range (probably for the bulk of 2009), long - term investors should not overlook the sea - change in valuations and security durations we've observed over the past 15 month
In recent months, I've emphasized that despite prospects for a prolonged recession which I would expect to keep the stock
market in a very wide trading range (probably for the bulk of 2009), long - term investors should not overlook the sea - change in valuations and security durations we've observed over the past 15 month
in a very wide trading range (probably for the bulk of 2009), long -
term investors should not overlook the sea -
change in valuations and security durations we've observed over the past 15 month
in valuations and security durations we've observed over the past 15 months.
-- > The value of investing
in relationships for the long - haul — > Investing
in your health and longevity as a way to increase your lifetime earnings — > Why longer life expectancies should
change the way you think about investing — > The shockingly low rate of personal savings and investment
in the US — > My favorite part of the interview: whether we can reasonably expect the US
markets to keep going up at their long -
term average 7 % per year after inflation, or whether that was a unique period of US expansion which won't be repeated again.
While our near -
term views are flexible to
changes in market action, that full - cycle
market perspective is also critical.
Agents also said the
change could spur some innovation
in the disability income
market and one area companies may push further into is to bundle disability insurance with other forms of coverage like long -
term care
in a hybrid policy.
In addition, we believe the
market has underrated the effect of one recent
change that should be a significant driver of long -
term shareholder value.
In this quest for profit, they enabled predatory trading practices which have changed the nature of capital markets around the world, creating a disadvantage for long - term investors, and removing millions of dollars in equity from the markets every da
In this quest for profit, they enabled predatory trading practices which have
changed the nature of capital
markets around the world, creating a disadvantage for long -
term investors, and removing millions of dollars
in equity from the markets every da
in equity from the
markets every day.
During the subsequent conference call, Gayner reiterated that Markel's «short -
term investment results reflect normal short -
term volatility,» and are essentially
in line with
changes in both equity
markets and interest rates.
By the time of the Bank's early August policy announcement,
markets had priced into short -
term yields about a 50 per cent probability of a
change in policy that month, and close to 100 per cent by the following month.
China's slow move to a
market - based system, which has been facilitated by
In a country as large and economically important as China,
change should be approached over the long -
term.
Does margin debt serve as an intermediate -
term stock
market sentiment indicator based on either momentum (with an increase / decrease
in margin debt signaling a continuing stock
market advance / decline) or reversion (with
change in margin debt signaling a pending reversal)?
hen short
term market bias drives
market prices up and down, Ole seeks reallocation opportunities according to relative
changes in the companies» margin of safety.
But the prescription offered by the Taylor rule
changes significantly if one instead assumes, as I do, that appreciable slack still remains
in the labor
market, and that the economy's equilibrium real federal funds rate — that is, the real rate consistent with the economy achieving maximum employment and price stability over the medium
term — is currently quite low by historical standards.
The portfolio is kept focused, and when short
term market bias drives
market prices up and down, Ole seeks reallocation opportunities according to relative
changes in the companies» margin of safety.
In general, whether it's a crisis in Europe, a stock market downturn in China, or uncertainty around the Federal Reserve, your strategy as a long - term investor shouldn't change because of short - term market gyration
In general, whether it's a crisis
in Europe, a stock market downturn in China, or uncertainty around the Federal Reserve, your strategy as a long - term investor shouldn't change because of short - term market gyration
in Europe, a stock
market downturn
in China, or uncertainty around the Federal Reserve, your strategy as a long - term investor shouldn't change because of short - term market gyration
in China, or uncertainty around the Federal Reserve, your strategy as a long -
term investor shouldn't
change because of short -
term market gyrations.
The mortgage
changes introduced last year were expected to price some buyers out of the
market resulting
in a short
term drop
in sales.
Keep
in mind that while the Fed's actions can disrupt the
market in the short
term, your important financial goals likely haven't
changed.
«They've gone enough
in terms of regulatory
changes and we're seeing a real slowdown
in the overall housing
market.
While the GGP transaction is the best evidence we have
in terms of «A» mall pricing, Floris van Dijkum, an analyst with Boenning & Scattergood, explains that «' A» malls are currently undervalued
in the public
markets, but sentiment can
change as it has
in the past.»
As we've mentioned it previously, CandleStick charts are essentially a form of grid or graph that display short -
term and long -
term market changes of an asset or asset, and aid
in the development of making responsible, practical
market predictions to maximize ROI — one of many useful broker tools available!
With only a few days left before the FOMC meets,
markets have already factored
in a NO
CHANGE stance by the Fed and are instead focusing on what the Fed meeting will dish out
in terms of its asset - sale program.
«
In the short - term, the change may lead to a temporary reduction in the pace of housing market activity over the next year,» finance department spokesman Jack Aubry said Wednesday in an e-mai
In the short -
term, the
change may lead to a temporary reduction
in the pace of housing market activity over the next year,» finance department spokesman Jack Aubry said Wednesday in an e-mai
in the pace of housing
market activity over the next year,» finance department spokesman Jack Aubry said Wednesday
in an e-mai
in an e-mail.
This
change in relative wages and the relatively modest adjustment
in overall wages have been helped by the combination of well - anchored inflation expectations and a more flexible labour
market, particularly
in comparison to earlier
terms of trade booms.
Our Banking section analyses deal structures within project finance and Islamic finance as well as
changing terms in the loan
market.
In terms, I think of inflation and bond markets, it took six, seven, eight, maybe 10 years of high inflation in the 1970s before you had Paul Volcker brought in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their polic
In terms, I think of inflation and bond
markets, it took six, seven, eight, maybe 10 years of high inflation
in the 1970s before you had Paul Volcker brought in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their polic
in the 1970s before you had Paul Volcker brought
in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their polic
in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves
in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their polic
in Europe, obviously
in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their polic
in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to
change their policy.
In a perfect world stock
market - to - gold ratios, long -
term interest rates and the yield curve would work together to signal a time of
change for the macro.
In terms of how this affects emerging
markets like Mexico or Indonesia, it really doesn't materially
change our investment outlooks there.
Main message being, the further we've moved away from appropriate fair valuation
in any
market cycle, the more susceptible we are to risk when shorter
term «weather conditions» (liquidity and trend)
change.
All
markets will continue to focus on the volatility
in the equity and bond
markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to earnings from Apple after the bell today, and reports tomorrow on Japanese PMI, Chinese Caixin PMI, Eurozone GDP, PMI, Unemployment, US MBA Mortgage Applications, ADP Employment
Change, Oil Inventories, and the FOMC Meeting Statement for near
term direction.
The Bank's quarterly survey of financial
market economists suggests that near -
term inflation expectations have
changed little over recent months, with the median forecast for inflation over the year to June 2004 at 2.2 per cent
in November, compared with 2.3 per cent
in August.
We caution you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including
changes in market conditions; unanticipated developments that prevent, delay, alter the
terms of, or otherwise negatively affect the spin - off, and other risk factors that Marriott Vacations Worldwide Corporation identifies
in its Form 10 registration statement or that we identify
in our most recent quarterly report on Form 10 - Q.