In reality, investors shifted funds from higher-risk to lower-risk assets in response to European sovereign risk worries and apparent weakening in the U.S. economy, as well as uncertainty created by the U.S. downgrade.
Because of U.S. uncertainty, panel manufacturers have been sending panels overseas to more solar-friendly countries.
Business investment also grew steadily, rising 8.4%, despite uncertainty about U.S. fiscal policy.
This concern is compounded by a sovereign debt crisis in Europe, high and persistent unemployment, and uncertainty about U.S. government policy.
Gold and silver prices were pressured in late December due to the uncertainty regarding U.S. lawmakers wrangling over government taxing and spending issues.
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Today, there is uncertainty about regulatory policy, uncertainty about monetary policy, uncertainty about foreign policy and, most significantly, uncertainty about U.S. fiscal policy and the national debt.
In that climate of uncertainty the U.S. Agency for International Development opted for a cost-plus, fixed-fee deal--a contract often used by governments to exert some control over costs and give the contractor incentive to engage in open-ended work.
So far, this amounts to a stark reversal of expectations and could evolve into a significant point of economic uncertainty for U.S. retailers not only up to the elections but also past them, to the crucial Christmas-shopping season.
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The political uncertainty of the U.S. Presidential election, and the unusually divisive election campaign, is now history.
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It recorded a large write-down as a result of uncertainty over the U.S. defense budget and spending cuts known as the sequester.
U.S. fiscal uncertainty has been reduced, but it has not been eliminated.
Such a capability will likely be at a premium in a time of growing uncertainty over continued U.S. access to many overseas facilities.
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Uncertainty about the U.S. job market also weighed on the market.
In the U.S., uncertainty over the near-term, with a looming fiscal cliff and the potentially nefarious effect of a new debt ceiling debate still to come, have kept investors on edge.
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The latest signs of uncertainty in the U.S. hiring outlook came Friday as unemployment was largely unchanged in October and the addition of 80, 000 jobs failed to keep up with adult population growth.
Chandler also looks for the euro to survive, pointing out that monetary union has only been around for 13 years and that there was also was uncertainty about the U.S. during the early years after it became a nation.
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In its latest earnings, rivals UPS missed top and bottom-line estimates, while highlighting that uncertainty in the U.S., export weakness in Asia, and the European sovereign debt crisis would continue to put downward pressure on earnings, as my colleague Steve Schaefer reported.
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Senior decision makers across five Administrations, Republican and Democrat, have been unable to avoid the reality that, in a world of continuing globalization and growing political and military uncertainty, the U.S. needs a military that is large enough and has a sufficient range of capabilities to cover multiple major military contingencies in overlapping time frames.
Many companies in every kind of industry have the financial wherewithal to make investments and take sizable risks in the U.S., but layers of uncertainty have snuffed out the standard risk-reward equation, at least for the U.S. and Western Europe.
The uncertainty caused by the U.S. debt downgrade is unlikely to help this situation.
The uncertainty had the major U.S. indexes swirling Monday, extending early losses in afternoon trading.
Given the uncertainty in Japan, U.S. trading indicated a flight out of risk assets and into more defensive investments like government bonds, and safe-haven currencies.
The discrepancies reflect the growing uncertainty over whether the U.S. financial system has recovered from the subprime crisis or whether the future will look very different from the past.
Without this uncertainty tax, real U.S. GDP could have grown an average 3% per year since 2011, instead of the recorded 2% average in fiscal years 2011-12.
Their research (available at policyuncertainty.com) shows that, on average, U.S. economic policy uncertainty has been 50% higher in the past two years than it has been since 1985.
Recently, we also learned about the U.S. Economic Policy Uncertainty Index, which is compiled by economists Steven Davis of the University of Chicago and Scott Baker and Nicholas Bloom of Stanford.
After a divisive election in November and the refusal of political and ideological wounds to heal, and a continued sense of economic uncertainty afoot in the U.S., there probably would be little true appetite for any kind of sermonizing by Chrysler this time, even if its viewpoint were filtered through some sort of brand appeal.
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The good news is that if reform is enacted, and the costly pall of uncertainty is lifted, the U.S. economy has the potential to bounce back, creating the growth and jobs that are so badly needed.
The good news is that if reform is enacted, and the costly pall of uncertainty is lifted, the U.S. economy has the potential to bounce back, creating the growth and jobs that are so badly need.
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