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The first topic is the phenomenology of one type of short-term swing instabilities in multi-machine grids, which is termed the Coherent Swing Instability.
The chancellor will know from his experiences in 2012 and 2013 that a short-term swing in mood doesn't always leave a lasting impression.
Chet Culver, Iowa's Democratic governor who lost his re-election bid, called it a "short-term swing of the pendulum," but described it as "wake-up call" for Democrats to talk about issues of concern to middle-class voters.
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"But we do not assign any significance to short-term swings in C.C.R.B. complaints.
They worry about that, it seems, more than about any short-term swings in their portfolios.
Still, investing with an eye toward retirement can insulate bond investors from short-term swings in interest rates.
This inability to time the stock market's short-term swings isn't limited to mutual fund investors.
For stock investors, such practices by professional managers can cause volatility, and seemingly inexplicable, short-term swings in share prices.
But the Fed has vast influence over short-term swings in the economy through its control of interest rates.
"The longer-term mood of the market is improving, but these short-term swings get people a little nervous," said Brian Belski, fundamental market strategist at US Bancorp Piper Jaffray.
The Masters Selectt approach has led to wilder short-term swings than those of many other multimanager funds, but also to better long-term returns than most of them.
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