Yet over the long haul, when you smooth it all out, markets seemed to price businesses in developed countries remarkably alike.
There are plenty of propeller heads trying to smooth it all out.
"The expected rise in the oil price is unlikely to be smooth, " it points out.
Its immense shale-gas potential might make it even less willing to pay up, inclining it to depend less on pipeline gas and to take the risk that it can smooth out ebbs and flows through spot markets.
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The latest development allows geophysicists to tweak algorithms on the fly--in effect, adding a little more salt here or more sandstone there to see if it helps to smooth out the image.
Increasing market liquidity will smooth out the depreciation, it will not revert it.
In a recent campaign to boost sagging sales of Vanilla Coke, it asked Tremor kids for ideas of "smooth and intriguing" messages for cans it is rolling out this summer.
Financial liberalisation is supposed to help households to borrow in bad times and so smooth out consumption, but again it is a two-edged sword: it also makes it easier for firms and households to take on too much debt during booms, which may exacerbate subsequent downturns.
When ChinaCache proved it could prevent those outages and smooth out Sina's site experience, other portals signed on.
If the Blades plan was to knock Arsenal out of their usual smooth stride, it worked perfectly until the fateful intervention of Poll.
This is also dynamic information that can change every minute, although it is better to consider it on a weekly or monthly level to smooth out localized fluctuations.
IT, the very sector that was supposed to smooth out the business cycle through better inventory control, has ended up intensifying the current downturn.
It involves using cars to supply a reserve of electric power that can smooth out minute-to-minute shortages in the transmission grid.
While America has had numerous third parties, one of our system's strengths is that it in effect forces one of the major parties to co-opt and smooth out the rough edges of issues that third parties may advocate.
It will let wind and solar power be transmitted to the cities, and smooth out peaks and troughs in demand for example by feeding power to the batteries of parked electric cars at night, and sucking it out of them during the day, if their owners agree.
Even so, investors have been fearful about how InPhonic would smooth out its operating cash flow needs (thanks to the changes in the way it counts revenue), whether it would run out of money (the company has been using more cash than it generates) and whether there would be a stock repurchase.
Fandrey said the exposed side of the stockade fence was facing out, instead of the smooth side, adding that the slats may have made it easier to climb over the shared fence.
It can be a tricky algorithm because you might need a deep queue in normal operation to smooth out momentary bursts of traffic.
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If checkerboarding does not work out, AkzoNobel has an alternative: create a surface so smooth that barnacles cannot hold on to it.
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