I suspect that they will either decrease rapidly in magnitude, or lead to a lot of nearly equal
terms cancelling each other out.
Not exact matches
Investors also have to remember that while currencies can fluctuate wildly from country to country in the short - to intermediate -
term, these differences tend to
cancel each
other out over the long -
term.
In
terms of atmospheric tension and stomach - churning acts of sadism, it's an effective piece, but coupled with the cheesy acting, music video style direction, and over-the-top delivery, the elements tend to
cancel each
other out for more discerning viewers.
There are two schools of thought on currency hedging: one holds that currency fluctuations «
cancel out» for a long -
term investor and the
other holds that currency fluctuations have a significant effect on equity performance and should be hedged away.
However, when all of the warming and cooling effects of nitrogen are calculated, they appear to largely
cancel each
other out in the short
term.
Or, in
other words, if we assume that AGW necessarily implies that global mean surface temps will rise at some point in the future (although we might argue about estimated probabilities of the extent) on the assumption that mitigating natural variations will
cancel out over the long
term.
The
other (too ludicrous to have been mentioned by Taleb) is well, we may have missed the 20 - year projection due to (add in excuses cited above), but our long
term projection still stands, because these unforeseen factors
cancel out over the long
term
The problem with that argument is that over long periods of time (like the six decades since 1950), positive and negative phases of ocean cycles tend to
cancel each
other out, and thus internal variability doesn't have a large influence on long -
term temperatures.