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"It may signal that macro conditions are getting a little worse".
Goldman Sachs said the yuan devaluation "has been important for commodity markets and we believe it signals that global macro conditions have changed".
"Macro conditions will deteriorate if the current pace of local government debt buildup continues," Mr. Zhang said.
While the economy has been growing lately, the report said, "macro conditions are vastly different and largely worse" than in 2006.
"Clearly we believe the macro conditions are a short-term blip," said Nagesh Basavanahalli, managing director in India for the Italian carmaker Fiat and its Chrysler unit.
Until now, with macro conditions progressively deteriorating, we have argued that weak comparatives will have little traction with a heavily-indebted consumer, a declining housing market and rising unemployment.
Similar(31)
We're probably going to move up from here but the question is how quickly and what the overall macro-conditions are to support it".
Regardless of initial macro social conditions and consistent with neoclassical economic growth theories, we see both sigma income levels and beta growth rates conditional convergence with similar trajectory slopes and phase shifts.
We also track the number of transactions games, the percentage of population interacting, and the number of different cooperative, mixed, or non-cooperative strategy pairs under different macro environmental conditions.
The concepts of the three operating windows and flow field designs can build a connection among properties of the material and structures of components (e.g., wettability, porosity, and hydrophobicity), flow field, cells and performance of a stack and macro operation conditions (e.g., pressure, humidity and flow rates).
The multilevel analysis borrowed from ecological models to examine how factors at the macro (societal conditions including cultural factors), meso (family and household characteristics), micro (individual social and human capital) levels influence multiple sexual partnering and the associated risk behaviors (mainly transactional sex) in high HIV-prevalence communities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com