On the other hand, they're not sure what will happen
with global interest rates or demand for Canadian exports — both of which will have a large impact on real estate.»
And
with global interest rates so low, fixed income and cash alone are unlikely to enable your savings to keep up with your cost of living after retirement.
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 forget that if
interest rates were more normal, banks would be doing better,» he said during an interview
with CNBC on Tuesday from the Milken Institute's
global conference.
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.
Without a clear voice from Berlin, the EU will simply find it harder to articulate policies to deal
with the suppression of civil rights in central Europe, the splintering of the single market through Brexit and — heaven help us — a possible renewal of the Eurozone crisis amid as
global interest rates turn higher.
Every fear associated
with the Fed's zero
interest -
rate policy, quantitative easing, easy
global money etc..
Overall, market players were worried
with the impact of higher
interest rates on the stock market, and more broadly, on the
global economy.
Global market volatility persisted this week, as investors remained nervous on China's slowing economy along
with a possible
interest rate increase at the U.S. Federal Reserve's mid-September meeting.
Historically, negative real
interest rates (the inflationary
rate is greater than the current
interest rate) combined
with global stimulative money supply efforts has been an especially powerful combination for gold prices.
With the
global economy «floating on an ocean of credit,» the current acceleration of credit via central bank policies will likely produce a positive
rate of real economic growth this year for most developed countries, PIMCO chief Bill Gross writes in his latest monthly commentary, but «the structural distortions brought about by zero bound
interest rates will limit that growth and induce serious risks in future years.»
Following the British vote to exit the European Union,
global economic concerns, coupled
with weakness in the Japanese economy, drove
interest rates in Britain, Europe and Japan to fresh lows, prompting a burst of yield - seeking speculation that has driven the S&P 500 Index a few percent above its May 2015 peak.
With increasing political uncertainty all over the western world, changing
global power structures, continued sluggish growth, and record low
interest rates, precious metals are today more...
Our
Global Market Strategies segment, established in 1999
with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high - yield credit instruments, emerging markets equities, and (
with regards to certain macroeconomic strategies) currencies, commodities and
interest rate products and their derivatives.
For equity markets, the combination of low
interest rates, strong economic growth and low inflation has proved very beneficial,
with global share markets rising solidly in each of the past three years.
Across Asia, exchange - traded instruments have lost market share to OTC
interest rate instruments since 2010, consistent
with global trends.
With inflation under control and renewed risks to the
global economy, there is little rationale for the central bank to raise
interest rates anytime soon.
Global growth could be impeded by a central bank making a policy mistake, such as raising
interest rates too aggressively
with regard to timing or frequency.
However, by September 2013, the IMF had done a 360 - degree turn and had the U.S leading a
global recovery (albeit not very strongly) and the emerging market economies struggling
with rising
interest rates, capital flight and falling exchange
rates, resulting from the possibility of a tapering of Federal Reserve Board monetary stimulus.
Even though I know nothing about the iron ore market, and certainly not as much as the CEO of Fortescue, I know arithmetic, and even before I heard Minack's discussion of the
global increase in production, I simply could not get the arithmetic that connected Chinese
interest rates with Australian iron ore exports to work otherwise.
As a new source of revenue for the banks in place of loans to domestic real estate and industry, low
interest rates enabled them to flood the
global economy
with credit.
The dollar bond market has turned cold for Indian firms after a record 2017,
with rising
global interest rates, geopolitical concerns and market volatility prompting would - be financiers to demand either a higher yield or invest only in short - term paper maturing in two years.
Long - term treasuries will likely still work as ballast when it matters most (
global risk - off events), but we see short - term U.S. debt now offering compelling income, along
with a healthy buffer against the risk of further
interest rate rises.
Yet, even
with all increasing red flags that suggest that assets held within the
global banking system could be devalued, frozen, or seized, or all of the aforementioned, including warnings of possible negative
interest rates applied to commercial and corporate bank accounts in the near future from big
global banks like the Royal Bank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happening.
In addition to near zero
interest rates, central banks created excessive amounts of money by issuing trillions of dollars of bonds, e.g. QE1, QE2, QE3, QE4, etc. pushing unprecedented amounts of newly created money into
global markets to contain the growing deflationary threat; and, while it failed to contain deflation, the excessive liquidity is now circulating in markets
with no place to go, akin to moribund monetary edema.
Treasurers still grapple
with centralizing treasury operations, managing
interest rate, foreign exchange (FX) and liquidity risk, commodities and cash visibility across their
global operations.
With increasing political uncertainty all over the western world, changing
global power structures, continued sluggish growth, and record low
interest rates, precious metals are today more relevant than ever.
With over 20 years of
global market experience, Alessandro's strong background in the field of
interest rates, central banks and European financial regulations helps to further strengthen AXA IM's
global investment strategy and asset allocation.
Some of the most notable examples of this include Gross Domestic Product (GDP), Inflation, and
Interest Rates, as these market elements can give a great deal of information
with respect to the economic health of a specific region and of the
global economy as a whole.
Global central bankers continue to move along the path of gradual tightening,
with the U.S. Federal Reserve at the forefront, normalizing
interest rates and gradually reducing the size of its balance sheet.
The
global economy is struggling to cope
with a barrage of hard conditions such as uncontrolled money printing, trade wars, sanctions, increasing
interest rates and a decline in retail trade.
After a summer of heavy turbulence in
global financial markets, the new season starts
with the seemingly endless story of when the Federal Reserve Board will raise
interest rates.
We think it's realistic to expect further gains in
global stocks and modest
interest rate increases, along
with more volatility.
Despite another
interest -
rate rise in the US, residential sales rose 44 % month - on - month,
with a comeback of both sellers and buyers, says leading
global agency,...
Orthodox convention associates the general direction up or down
with interest rate differentials, the infamous
global carry trade.
The evidence presented in this video suggests that Creditism is in crisis globally because Credit is no longer increasing fast enough to drive
global growth, even
with record low
interest rates.
Given the momentum of the
global economy, and
with interest rates in many countries still not far from their historic lows, we think the risks for both inflation and
interest rates look tilted to the upside.
With interest rates falling to very low levels in the US, global investors focused on investments with a yield pick -
With interest rates falling to very low levels in the US,
global investors focused on investments
with a yield pick -
with a yield pick - up.
Prior to that, he was
with RBC Dominion Securities in Toronto where he was involved in trading Canadian Mortgage - Backed Securities products,
global interest rates and foreign exchange.
Paul MacGregor, executive director, head of fixed income, NYSE Liffe (the
global derivatives business of NYSE Euronext) sat down recently
with JLN's Managing Editor, Christine Nielsen, to discuss the outlook for the
interest rate market and new products on the horizon for the exchange.
That trend towards higher inflation expectations continued into U.S. inflation expectations, indicating that the ECB QE announcement, and coincident
with tentative signs of stabilization of oil prices, may mark the low point of deflationary fears driving
global interest rates to new lows.
The perception of a potentially inflationary
global environment, combined
with current
interest rate policies, is yielding a strong financial
interest in oil.
The robust outlook for the
global economy accompanied
with low
interest rates leads us to think that the
global bull market in equities will continue in 2018.
Hammond's first test today — responding to the Bank of England decision to cut
interest rates to a record low of 0.25 % — may not quite be at the same level as Darling's, who had to deal
with the enveloping maelstrom of a
global financial crisis, but he will be hoping his understated approach will inspire greater confidence in the markets.
Bonds
with the lowest investment grade have been a market darling over the past decade, ballooning in size as low
global interest rates drew fund managers seeking higher returns.
With much of the
global economy struggling under the weight of massive debt loads and unfavorable demographic trends, it's an open question whether the next few years will involve higher
interest rates — as most experts have expected, and continue to expect — or whether these deflationary forces will keep
interest rates low for a while longer.
From a recent interview
with Bill Gross, manager of the Janus
Global Unconstrained Bond fund: Years of easing by central banks mean that
interest rates in most of the developed world will fluctuate narrowly.
Falling US$ when (US govt impotence, China revalues yuan, Fed starts the printing presses again, zero
interest rate policy for x years) = Gold rises = Commodities rise = US stocks on sale (especially one's
with global exposure) = US exports rise = US profits rise = inflation rises.
Global central bankers continue to move along the path of gradual tightening,
with the U.S. Federal Reserve at the forefront, normalizing
interest rates and gradually reducing the size of its balance sheet.
With 15 years of history, bond ETFs have weathered the
global financial crisis, quantitative easing and several rounds of
interest rate hikes.