The industry covers all areas of the world, and it is affected by the control of the macroeconomic cycle
. The equipment companies mostly supply their products in the established markets.
Liquidity has been pressured by lack of communication, transparency, weak governance and an uncertain macroeconomic cycle
. Interest rate hikes just added more pressure on equities to produce results when they could not," Essam Kassabieh, Senior Financial Analyst -- Research Department at Menacorp told Gulf News.
But we may yet be entering a 'new, new normal' macroeconomic cycle
. And that's going to have an effect on reserves.
Historically, the best time to own industrial metal shares is when inflation exceeds the Federal Reserve's two per cent limit and begins to accelerate in late stage of a global macroeconomic cycle
. This is even more true when synchronised global growth accelerates and new applications (electric vehicles?) boost the demand for industrial metals like copper and even silver.
Key insights include how boards and firms must implement due diligence and work with the right partner best aligned with the management team's skillsets, the firms current development and its future plans; how PE funds should partner with entrepreneurs and owners who share a common vision for the business and have the right management team in place; and how PE investments require excellent stewardship and management throughout their lifecycle to create operational value for sustainable growth and in preparing for a successful exit independent of the macroeconomic cycle
It is not an easy thing to do, especially when the train is already in motion, but we at ECLAC believe that at least three questions must be asked: What is the new role of the State in relation to public finances and the macroeconomic cycle
? What is its role in public spending and allocation of resources?
For the current incomplete macroeconomic cycle
, beginning at the last cyclical peak in 1988-89, the rate of MFP growth is below the long term average
That was the pattern in the last macroeconomic cycle
when the trade account strengthened substantially between 1993 and 1997.
The significance of the estimate of [Gamma] is used to determine if [Y.sub.t] (the macroeconomic cycle
variables) influences [D.sub.t].