Not exact matches
As
usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising
interest rate pressures, an extended period of internal divergence as measured
by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured
by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
The lower the
interest rate the smaller the difference will tend to be between the spot price and the prices for future delivery, so in a world dominated by ZIRP (Zero Interest Rate Policy) the differences between spot and futures prices will generally be smaller tha
interest rate the smaller the difference will tend to be between the spot price and the prices for future delivery, so in a world dominated by ZIRP (Zero Interest Rate Policy) the differences between spot and futures prices will generally be smaller than us
rate the smaller the difference will tend to be between the spot price and the prices for future delivery, so in a world dominated
by ZIRP (Zero
Interest Rate Policy) the differences between spot and futures prices will generally be smaller tha
Interest Rate Policy) the differences between spot and futures prices will generally be smaller than us
Rate Policy) the differences between spot and futures prices will generally be smaller than
usual.
For example, the
interest rate charged on these kinds of loans is higher than
usual, in some cases
by about 1 %.
The
usual rule is that refinancing can be done if the
interest rates will be reduced
by at least 2 %.
Despite the higher than
usual interest rates, people still prefer home equity loans in Thunder Bay because they are more flexible than those that are given
by banking institutions.
And with actual
interest paid amounting to just 8.3 % of operating profit, debt could increase an additional $ 101 million (again, at a 5 %
rate) & still leave
interest coverage at a manageable 6.7 times (i.e. 15 % of operating profit)-- as
usual, to be prudent, we'll haircut this debt adjustment
by 50 %.
The
usual rule of thumb is that you should start considering refinance when you can lower the effective
interest rate by 1 % or more.
He charges half his
usual rate for such engagements, but is rewarded
by the attendees» keen
interest, as well as the goodwill the service generates.
The types of rewards for which points can be redeemed will vary
by card, as will the
usual factors like annual fees and
interest rates.