His personal style is low key, the opposite of the pomp and circumstance of the Vatican.
"Bad" stocks are the opposite, earning and maintaining a low Short Term PowerRating over the course of the entire session.
But when the opposite condition exists, when inflation is low, equity -- whether private or public -- has no trouble finding buyers.
Some companies with low innovation reputation, the polar opposite of Apple, tend to outperform the market.
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From that interview supply-side economics was born, based on two simple principles: Sound money and low tax rates, the exact opposite of the reigning Keynesian orthodoxy at the time.
"It was always meant to be low density, which is the opposite of what most developers in Greece have done, " says Vaitsos of the generous plots rolling over the arid hills.
Although for developers like Urban Splash or the Environment Trust, or similar private, trust or charity based organisations, there is the scope to listen to residents, for most large developers, their overriding concern is to their shareholders whose interests (profit maximisation) are opposite to those of local residents (community focus, low energy-cost housing, etc.).
Quite the opposite, in fact, if it can help to subsidise low ticket prices.
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You can introduce some search and congestion effects to get higher unemployment but the increase should be relatively mild, as you have to remember that the opposite effect should be occurring in the high skilled market and low skilled folks be dropping out.
As an interesting aside, a historical study of price-to-sales actually signals the opposite, as the current metric stands at 1.8x at the low end of the historical range of 1.8x to 3.3x.
Regarding the high level of unemployment, there are quite simply no jobs without capital, so contrary to the widely held belief that low unemployment is the driver of inflation, the reality is the opposite.
For instance, aspirin seems to prevent heart attacks and cause strokes in low-risk medicine, but a controversial study showed it did the opposite in women.
The low bond yield signals no fear of inflation, but the high gold price signals the opposite.
Code For America faces an opposite challenge: convincing techies with opportunities to make gobs of money in Silicon Valley to take comparatively low-paying government roles.
Carrying the defence brief in opposition, he bonded with his Labour opposite number, Bob Ainsworth, over their shared struggle to persuade their party leaders to take the military's low morale and underfunding more seriously.
This has the perverse effect of giving higher real (inflation-adjusted) interest rates to slow-growing, low-inflation countries, and lower real rates to booming economies with rapid inflation precisely the opposite of what a sound monetary authority would prescribe.
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