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Those figures may recover as the market lifts, but Moody's and other ratings agencies are still cautioning that Wall Street may be stuck with a less profitable, more constrained business model for the foreseeable future.
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Any time I teach a non-sustainability-titled course (this year it was a new "Global Macro Trends" course) which attracts the sustainability virgins, they are gob-smacked at the water, waste, energy and climate change issues that are already constraining business's ability to succeed.
"It allows companies like JCB to plan ahead with confidence, knowing that the road network will not constrain business growth and future investment".
From this perspective, business people are apt to worry about misinformed or unnecessary government regulation, while people in public health may see their role as constraining businesses from promoting unhealthy products, polluting the environment, or threatening the health of workers.
If, however, your company is trying to plan for operating in a world where every fundamental resource – from water to energy to talent – is increasingly constrained, standard business goal-setting strategies may not apply.
The action, which Moody's said stems from constrained new business prospects and possible increased losses, could throw a significant wrench in the ability of the insurer's to write new business.
However, the commitment to a review for change in 2017 is arguably as important for driving growth for businesses in the UK – getting the system to be one that drives entrepreneurship, and investment, rather than a being millstone that constrains business.
Ready, steady, oh Shaving grace David Cameron's war ReprintsBut calculations of the Olympics' supposed economic benefits to Britain often neglect the hidden costs of constraining ordinary business.
And Trump made clear that he plans to roll back the environmental rules issued under Obama ― which he has said constrain businesses and stymie job growth.
"A growth strategy that focuses on ordinary citizens could be better than current policy, which is constrained by longstanding business interests," said Ryutaro Kono, chief economist for Japan at BNP Paribas.
There has been only modest momentum on efforts to persuade Taliban fighters to give up the fight and join a reintegration program, and a plan to train and install thousands of local police officers in rural communities to mobilize resistance to the Taliban has proved to be a painstaking business constrained by concerns that it will create militias loyal to warlords.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com