But a more cautious interpretation of the missing defaults is that the protracted nature of the downturn in international conditions has yet to take its cumulative toll, or that lingering weaknesses will only become evident once the major central banks move further along in renormalizing
their policy stances.
Also, note that the apparent higher efficiency of the 3W-28i engine is an artifact of renormalizing
the energy balances to 100% after removing the short-circuiting.
This would mark an important step on the way towards renormalizing
Greece's hobbled financial system, lowering the high risk attached to Greek sovereign bonds and bringing it closer to restored access to capital markets.
The M&A market in the global life sciences sector is in the middle of a renormalizing
period, according to the findings in EYs 14th Global Capital Confidence Barometer (CCB): Life sciences highlights, which surveyed 113 life sciences industry leaders around the world, 49% of them C-level executives.
Endpoints are handled by truncating the kernel and renormalizing
the truncated weights to sum to 1.