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"The manager of the M&G fund has done well in both rising and falling markets, resulting in a good, consistent track record since launch.
The offering is planned despite continued volatility in global capital markets resulting from the European debt crisis and a slowdown in the Asian economy.
"Avoiding the default has two main consequences: it could generate contingent liabilities from other creditors that received large haircuts in the past, but would open the door to access international financial markets, resulting in a re-valuation of Argentinian assets".
DealBook » Deutsche Bank Earnings Plunge as Euro Crisis Lingers | Germany's largest lender said the turmoil made clients reluctant to trade in financial markets, resulting in a 46 percent decline in net income.
Tighter labour markets resulting from any such stimulative policies are seen to increase the bargaining power of labour, thereby leading to larger wage demands and settlements that in turn feed into prices, causing price inflation to accelerate.
But the loss of more than a million barrels of sweet crude on world markets resulting from the turbulence in Libya is tightening supplies for European refineries that need high-quality oil to produce diesel fuel, which is popular in Europe.
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Another current piece of nonwisdom is that bear markets result in new leadership.
The greater prices consistently found in those markets result in higher profitability compared to the rest of the tyre industry.
Too many redemptions can force funds to sell into a bad market, resulting in worse losses.
The environmental regulations cause significant retirements and uncertainty in the market, resulting in low reserve margins and high prices.
The eOne was taken off the market, resulting in eMachines' losing the ability to sell the eOne as intended.
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