Results for “Global Commission on Drug Policy”

…returns to around 7%. European HY outperforms the US. & Negative scenario USD HY spread target (6-month): 1,000bps e A global recession is the major risk for high yield bonds. Based on the robust state of the corporate sector, we would not expect spreads to surpass "usual" reces...

Global Retail Location The Site’s location on Las Vegas Boulevard is one of the most highly trafficked shopping and entertainment districts in the world. Las Vegas’ unique shopping experience is an integral component of its international identity as a premier entertainment and r...

Global and Glocal Knowledge Representation

i.e. a hard landing of the economy. This could be triggered by a global

the PE-ratio of the market is relatively high compared to the global average

Global and Glocal Knowledge Representation

… most frequently cited in figure 28), all measures link level of reserves to potential drawdown of funds. Following the Global Financial Crisis of 2008, DM High FME central banks increased estimates of the likelinood and size of potential drawdowns, increasing the level of reserv...

…rnment is on the verge of a shut down. These are not the top secret opening lines to Aaron Sorkin's new script, but the global headlines of a world spinning out of control. I head to Los Angeles like an overdressed lemming to attend the 83rd Academy Awards and attempt to make sen...

…7E 4Q17E @ Total Google Revenue Y/Y (ex-FX) m= Google Website Y/Y (ex-FX) Source: Company reports, BofA Merrill Lynch Global Research For core margins, we assume y/y contraction through 3Q17, after which we model a slight uptick in 4Q17. For the year, we assume core Google mar...

The global financial crisis took all countries by surprise and was much bigger than any economy or large companies across the world. It is not really helpful for anyone to claim wisdom in hindsight. Learning the lesson well is the true bottom line of this crisis. I have always re...

…elf. As the British central banker and economist Andy Haldane observed, the world had never before suffered a genuinely global financial crisis, with every county on the planet, tied together as they were by finance and technology (and fear), tumbling off a cliff at the same, nan...

…W7 PIS 15 20 EviSales 2.2 23 Source: FactSet, S&P, BofA Merrill Lynch US Equity & US Quant Strategy Exhibit 1: BofAML Global Fund Manager Survey (January 2017): What would you most like to see companies do with cash flow? Chart 8: Average Annual Return of Russell 1000 Top Quin...

…ent AI will greatly care about: efficient computation. Hence we might find our planet suddenly going from anthropogenic global warming to machinogenic global cooling. One big challenge that AI safety research needs to deal with is how to constrain a potentially superintelligent A...

…own—at higher income levels, this social contract may peter out. For as people become middle class, they gain access to global culture and trends, which prompts a desire for political freedoms to go along with their personal ones. This is why authoritarian capitalism may be just...

…Dubai is in financial trouble. How could it be a role model?Dubai's downturn is temporary. Being one of the worlds most globalized cities, it couldn't help but be infected by a global recession. The contagion kneecapped each one of its economic pillars: Shipping, logistics, touri...