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Escalation: How Much is Enough?

机译:升级:多少钱就够了?

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摘要

1. Predicting escalation is difficult, if not impossible. 2. Escalation has been abnormally mild in recent history 3. Cost increases have been underranning historicalaverages4. Material prices have been the primary driver in recentcost increases. 5. Anecdotal evidence is indicating pressure on wages5.1 Current trend of high costs and low wages can not continue.5.2 Either material costs will decline or labor costs will increase.6. Federal Reserve study suggests best indicator of next year's inflation is last year's inflation rate. 6.1 Perhapsa12-month moving averege of the rate of change for the estimator's favorite index will prove a valid indicator of the current trend.7. We appear to be entering a period of increased volatility. 8. World economy is changing8.1 Emerging markets & hedge funds increasingly affecting commodity prices.
机译:1.预测升级是困难的,即使不是不可能的。 2.在最近的历史中,上报异常异常温和。3.成本增长一直低于历史平均水平4。材料价格一直是最近成本上涨的主要驱动力。 5.传闻证据表明对工资的压力5.1当前高成本和低工资的趋势无法持续。5.2材料成本将下降或人工成本将上升。6。美联储的研究表明,明年通货膨胀的最佳指标是去年的通货膨胀率。 6.1估计者偏爱的指标的变化率的12个月移动平均值可能会证明当前趋势是有效的指标。7。我们似乎正进入波动加剧的时期。 8.世界经济正在发生变化8.1新兴市场和对冲基金越来越多地影响商品价格。

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