That means the firms, which require vast amounts of capital, must constantly raise it afresh, making them exceptionally vulnerable to sentiment among investors.
Our European companies have limited exposure to these areas (although Cobham recently expanded into missile defence and could be vulnerable on sentiment".
We are not sure what difference this has made, although the pros may have been less vulnerable to sentiment than the fans.
Investec kept its buy rating on S&N, saying: We think both J&J and Stryker's third quarter results broadly support our view that trading is stabilising, and whilst the shares are likely to remain volatile and vulnerable to sentiment in the short term, we reiterate our buy recommendation, with the shares looking particularly attractive below 550p.
"Foreign investors are very vulnerable to domestic sentiment," Mr. Kleiman said.
As its stockmarkets demonstrated on Monday, it also needs to be aware that its economy is now vulnerable to investor sentiment, a much quicker comeback than sanctions.In seizing Crimea and cocking a snook at the West, Mr Putin believes he has got away with an act of daring that will cement his popularity at home as a brutally effective statesman.
By contrast, the heavy goods produced by Germany are less vulnerable to consumer sentiment and a strong euro, as is France, which has a much more diversified product range.
All three Democrats were relative newcomers and that made them vulnerable to anti-incumbent sentiments, said Dick Simpson, head of the political science department at the University of Illinois at Chicago.
"On the other hand, everything has changed, because we can go ahead without being too vulnerable to shifting market sentiment".
The Liberals have been in power since 2003, making them vulnerable to the powerful sentiment that has felled many governments: it is time for a change.
