particularly due to the socio-economic impact of fiscal
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but economic slowdown and supply-side factors impact negatively
Asian and Latam utilities are more levered to economic growth and therefore tend to be
the economic pressure is not nearly great enough
but on several economic issues their general
for a variety of economic and political reasons.
may be underestimated. A 2011 analysis by the Joint Economic Committee shows that lower
Exhibit 19: US Equity Volatility Spikes in equity volatility have corresponded with major global shocks. VIX Level 30 () Global Financial Crisis 80.9 ® First Greek Bailout (11/20/08) @) Debt Ceiling, S&P Downgrade, 70 -| Eurozone Sovereign Debt Crisis G) Greek Default 60 + @...
From: US GIO [[email protected]] Sent: 8/4/2011 11:41:48 PM To: Undisclosed recipients:; Subject: On today's financial market developments Attachments: 08-04-11 - EOTM - Market update.pdf This is a little unorthodox, but here is the text of an internal note that I just sent...
economic and legal system. Nothing got done—no large
economic and societal transformation — all of
constantly being jostled up or down by various economic forces. It is
including political and economic conditions
given environment of structurally higher political & economic risks and
economic development and state-building efforts — especially in the West Bank