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And a stronger currency provides upside on the bond price.
Just as indexing the S&P 500 has proven its worth since its inception, FIAs have been proving their worth by providing upside potential with no market risk to principal.
The upside is that it provides the opportunity – available when the economy has been hit by a profound shock – to rethink policy.
He'll also provide upside as a returner.
Earnings on the whole are also providing upside surprises and so the bulls remain firmly in control.
"Aetna is among the best-run commercial plans," he said, and Cigna is in a turnaround phase that may provide "upside earnings surprises". President Bush has requested cuts in Medicare spending in his latest budget, but Congess is unlikely to approve such cuts in an election year, in the view of Ira S. Loss of Washington Analysis, which monitors federal agencies for investors.
The key policy which could provide upside we believe is Help to Buy equity loan where we believe a temporary increase in the equity stake taken by government to 30% (still remaining short of the 40% in the London Help to Buy product) could provide meaningful support to volumes, as could a short term stamp duty holiday at the lower end of the house price scale.
"A more seasonal build would provide upside to our estimates".
Still, new deals with Fox Sports South, Time Warner, and Walt Disney provide upside.
Valuations, global economic growth forecasts and accommodative international central bank policies all provide upside possibilities for international stocks in my view.
Additionally, we think there are cost synergies associated with this deal that are not yet fully expected by Wall Street analysts, which should provide upside to earnings estimates over time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com