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billehrman · 4 years

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Strong S & P Earnings and Margins Outlook

Investing is a process requiring a long-term perspective while recognizing that market corrections can always occur. We pride ourselves on correctly identifying long term investable trends and investing accordingly. The pundits, however, turn on a dime, following the market, rather than anticipating what will happen over the next few years based on the data collected. That’s just what happened after Thursday’s decline. We view corrections as opportunities. Unfortunately, program trading can extenuate market moves regardless of fundamentals. It’s important to put emotions aside and focus on fundamentals.

Excess Liquidity, low-interest rates, and fiscal stimulus have been the driving forces behind the markets' rise to date, but the times they are a-changing. While it may take two years for the economy to return to pre-pandemic levels, we believe that the full earnings recovery will come much sooner as operating margins increase back to and past historic highs--above 12%. The pandemic has forced management to take a hard look at all its costs and many have found that they can do more with less and executing work remotely cuts costs. The use of technology has been accelerated in all facets of a company’s business from administrative to sales to operating efficiencies from the top to the bottom of an income statement.

The Fed notes that came out Wednesday acknowledged that the human resources furloughed may never come back to work. Unfortunately, this means that unemployment will remain higher, which has long term implications as the economy comes back. It also means that productivity will be increasing meaningfully as the economy recovers which limits increases in unit labor costs and inflationary pressures while boosting operating margins and profitability.

We are now estimating S & P 500 EPS of $126/share in 2020 down from $163/share in 2019 but rising to $165/share in 2021 and $185/share in 2022 assuming no changes in tax rates. We estimate that fourth-quarter 2020 earnings may reach and/or possibly exceed fourth quarter 2019 earnings of $42/share which would be the first positive year over year comparison. The S & P 500 is selling at approximately 21 and 18.7 times our 2021 and 2022 earnings estimates respectively which is low in the current interest rate environment. We remain favorably inclined to stocks, industrial commodities, and gold especially with the Fed remaining all in providing excess liquidity until inflation is running above 2% for a sustained period which we do not see until sometime in 2023. We continue to recommend the sale of all bonds. Naturally, all of this assumes that we will have more effective therapeutics shortly, widespread quick response testing by the end of the year, and finally, several vaccines approved before year-ended with hundreds of millions of doses available for those most in need and more approvals by mid-year 2021 with billions of doses available or global distribution before the end of 2021.

News on the coronavirus continues to be very encouraging: the number of cases and deaths continue to decline; deaths are significantly reduced by the use of steroids; additional rapid response antigen tests are in production and will be distributed nationwide by the end of the year; at-home tests may be available before year-end, too; several vaccines have advanced with initial positive results, and the CDC has told states to get ready to distribute vaccines on November 1st. Wow, that’s quite a bit of good news. Notwithstanding, we have not changed our view that it will take until 2022 for the economy to recover to pre-pandemic levels. However, it does mean that openings can be accelerated as rapid response tests become available nationwide by early next year. That is the real game changer!

The most recent economic stats confirm that our economy is improving at an accelerating rate as the number of cases and deaths have peaked: employment rose 1.37 million in August; the number of unemployed people fell by 2.8 million; the unemployment rate fell to 8.4%; hourly earnings rose 0.4%; the participation rate increased to 61.7; initial jobless claims fell to 881,000 in the week ended August 28th down from 1.01 million the prior week; continuing claims fell 765,000 to 13.1 million; the manufacturing PMI grew in August to 56 up 18 percentage points from July; the production index registered 63.3; the orders index 54.6; the employment index 46.4, an increase of 21 points from July; and the services PMI was 56.9. We all know how strong housing and autos are, too. All good and confirm an improving economy.

We hope that there is not a surge in cases in the fall which would slow the economy back down. The Beige Book came out last week and confirmed that the economy recovered modestly over the summer but remained well below its pre-pandemic levels. The Fed remains very concerned and will remain overly accommodative for several more years. No surprises here and this supports our view that the Fed will continue to force investors further out on the risk curve.

The Presidential campaign is in full force and it is easy to see the differences between the candidates and their platforms. We are eager to listen to the debates before finalizing our decision but we are concerned about Biden’s economic policies which would impede growth, research and investment. Economic growth is a necessity to improve the quality of life while raising the standard of living for all. We are also focusing on the need for law and order in this country. We are all for equality and peaceful protest but not unlawful rioting.

Investment Conclusions

While the new normal winners remain at the core of our portfolios, we have continued to shift, taking some profits, adding to companies that will benefit from faster opening with some more economic sensitivity. The game-changers will be quick response testing that will yield results in less than 10 minutes. While we remain concerned about more coronavirus outbreaks in the fall, we are confident that it can stay contained as long as people wear masks and adhere to social distancing. We also expect the death rate to continue to decline as better therapeutics are used along with improved medical techniques. Finally, we expect consumer and business confidence to build as vaccines are approved and go into distribution throughout the world next year.

We look for sequential gains in economic activity, corporate profitability, and cash flow as we move through 2021 into 2022 above consensus. At the same time, we take the Fed at its word that it will continue to provide huge amounts of liquidity to the system until inflation stays above 2% for a sustained period which won’t occur until sometime in 2023.

The bottom line is that we remain favorably inclined to equities, industrial commodities, and gold. We would continue to avoid bonds. One of our core beliefs is to own the market/stocks at inflection points: when businesses turn up; operating margins improve, and earnings/free cash flow growth accelerates. Sounds like now.

It’s important to note that China has not kept the yuan from appreciating as the government has turned its attention to domestic consumption (cheap imports) rather than exporting production. That’s important as it may positively influence our trade relationship with China just as its fraying on other matters and it boosts our reported GNP. A strong yuan helps Germany, Japan, and other countries that export big-time to China.

Finally, we see an acceleration in M & A activity financed with existing cash on balance sheets and/or by issuing new low-cost debt. Most, if not all, of these transactions, will be anti-dilutive except for the write-off of goodwill. This is another example where the big, well-financed companies have an advantage and will gain disproportionately in the new normal.

Successful investing is a process and a marathon. Stick to your core beliefs always challenging them but be willing to change if circumstances warrant them. We tend to be early uncovering new investable trends. And, if we must say so ourselves, our long-term record of success speaks for itself.

The next Investment Webinar will be held on Monday, September 7th at 8:30 am EST. You can join by entering https://zoom.us/j/9179217852 into your browser or dialing +646 558 8656 and entering the password 9179217852.

Remember to review the facts; pause, reflect, and consider mindset shifts; look at your asset mix with risk controls; turn off your business news; do independent research and …

Invest Accordingly!

Bill Ehrman

Paix et Prospérité LLC

917-951-4139

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newsinsights · 3 years

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Global Analgesics Market is expected to expand at a CAGR of 5.0% by 2028 year end

This Future Market Insights (FMI) report examines the ‘Global Analgesics Market’ for the period 2018–2028. The primary objective of the report is to offer updates and information related to market opportunities in the global analgesics market.

The Analgesics Market is Segmented Based on:

Drug Class

Pain Type

Distribution Channel

Region

This report covers the global analgesics market performance in terms of revenue contribution from various segments. The global analgesics market report begins with an overview and its definitions. The market viewpoints section underlines macro-economic factors influencing the growth of the global analgesics market along with detailing the opportunity analysis of the market. This is then followed by the key market drivers, restraints and trends.

When considering the analgesics market, it is split by prescription and over-the-counter (OTC) analgesics. Each segment of the global analgesics market is tracked by prescription and OTC revenue generation.

By drug class, the global analgesics market is segmented as opioids, non-steroidal anti-inflammatory drugs (NSAIDs), local anaesthetics and acetaminophen. The drug class segment is analysed by both prescription analgesics and OTC analgesics. Opioids is expected to remain the dominant segment due to their higher efficacy in pain management. The premium price of opioid also helps it to generate more revenue as compared to other types of analgesics. The adoption of opioid analgesics is higher in North America and Western Europe due to reimbursements and easy availability. Whereas, NSAIDs analgesics are highly adopted in Asia-Pacific, Eastern Europe and Latin America.

Request For Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1306

By pain type, the global analgesics market is segmented as surgical pain, cancer pain, neuropathic pain and other types of pain. The surgical pain is expected to be the dominant segment in the global analgesics market followed by cancer pain and neuropathic pain, respectively. This segment is also split into prescription analgesics and OTC analgesics.

By distribution channel, the global analgesics market is segmented into hospital pharmacies, retail pharmacies, drug stores, clinics and others. This considers revenue generation by prescription analgesics and OTC analgesics separately.

By region, the global analgesics market has been segmented into North America (the U.S. & Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Western Europe (Germany, France, the U.K., Italy, Spain and Rest of Western Europe), Eastern Europe (Russia, Poland and Rest of Eastern Europe), Asia Pacific excluding China and Japan (India, Australia & New Zealand and Rest of Asia Pacific), China, Japan and Middle East and Africa (GCC Countries, South Africa and Rest of MEA). Each country and region in the report provides revenue generation by prescription analgesics and OTC analgesics within the forecast period.

A detailed analysis has been provided for each region in terms of market size, Y-o-Y growth rate, absolute $ opportunity, and market attractive index. The forecast of the analgesics market by country, drug class, pain type and distribution channel is represented in a tabular form for each region. This section will help to understand the present scenario and opportunity of the analgesics market in major countries by each segment.

In the next section of the report, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view of the key competitor firms in order to access the key differentiators among the competitor firms. This section is primarily designed to provide clients with an objective and detailed comparative assessment of product offerings and strategies of key providers specific to a market segment. The detailed profiles of players operating in the analgesics market are also provided in the report, which highlight company description, product/segment overview, SWOT analysis, financial information, key developments related to the analgesics market and the strategic overview.

The next section of the report highlights the market outlook for 2018–2028 and sets the forecast within the context of the analgesics market by region.

The above sections – by drug class, pain type and distribution channel – evaluate the historic market analysis and growth prospects of the analgesics market for the period 2018–2028. We have considered 2017 as the base year and provided data for the forecast period.

The final section of the report represents the global scenario of the analgesics market along with y-o-y growth and market forecast till 2028. This section also evaluates the global market opportunity over the forecast period as well as the absolute dollar opportunity for each year. This section will help to understand the overall market growth for analgesics and the opportunity analysis for every year over the forecast period.

To arrive at the market size, bottom-up approach is used to validate the total market size obtained for the analgesics market. The forecast presented in the report provides total revenue of the analgesics market over 2018–2028. FMI uses the triangulation methodology, which is primarily based on experimental techniques such as patient-level data to obtain precise market estimations for the analgesics market and insights on specific country/regions. The country-specific data is again analysed to derive data at a regional level and then at a global level. This methodology ensures high quality and accuracy of information.

The factors considered while developing the estimates of the analgesics market are epidemiology, treatment seeking rate, ratio of population prescribed with different analgesics.

On the other hand, FMI has also analysed the market by considering the revenue from the key players operating in the market. The key players are segmented at a Tier-level with respect to their revenues, product portfolio and geographical presence. This process involves analysis of annual reports of various companies, investor presentations, SEC filings, 10k reports, earning call transcripts and press releases. This task is done to fetch substantial information about the key players, their respective revenues and estimate their respective market share.

The revenue growth of the key market players is analysed over the historical period and qualitative assessment of new product launches and innovations has been made in order to validate and align the resultant market numbers. The market structure is closely studied and analysed at a regional level to map and ascertain incremental $ opportunity for companies, for instance, supply from domestic/regional players, small-scale enterprises or unorganized segments is also taken into consideration to arrive at the final market numbers.

While forecasting the market size for the analgesics market, we have considered the impact of several factors such as per capital healthcare expenditure, disposable income, new analgesics and approvals for new advanced analgesics, penetration of analgesics through various distribution channels, and generic penetration across all regions, among others. However, quantifying the analgesics market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed. In addition, we have taken into consideration the year-on-year growth to understand the predictability of the analgesics market and to identify the right growth opportunities in the global analgesics market

Download TOC @ https://www.futuremarketinsights.com/reports/analgesics-market/table-of-content

Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies

Detailed insights of market segments and sub-segments for historical as well as forecast period

A competitive analysis of prominent players and emerging players in the Analgesics Market

Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Abhishek Budholiya

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

For Sales Enquiries: [email protected]

For Media Enquiries: [email protected]

#Analgesics Market

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medicaldevicetech · 4 years

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Veterinary pain management Market -Regional Growth, Top Leaders and Forecast

Market Overview:

Market Research Future (MRFR) has recently published a report asserting that the global veterinary pain management market is anticipated to expand significantly at a noteworthy CAGR of 8.2% during the forecast period of 2018-2023.

Market Drivers and Restraints:

The rapid increase in the adoption activities of pets owing to the rise in animal adoption campaigns and the on-going trend of adopting companion animals are inducing demand for easily accessible services and affordable veterinary drugs, resulting in the expansion of the global veterinary pain management market.

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The rise in demand for affordable preventive treatments and increasing awareness regarding the maintenance of good health of companion animals are fuelling the growth of the global veterinary pain management market. The high popularity of compound drugs and development of better personalized drugs for domesticated animals are some other factors that are driving the growth of the global veterinary pain management drugs market.

However, high cost of development of new drugs, longer approval time, declining research and development and lack of awareness regarding serious medical conditions in companion animals are likely to act as restraints on the growth of the global veterinary pain management market.

Market Segmentation:

The global veterinary pain management market has been segmented on the basis of drug type, devices, route of administration, animal type, application and end-users. Based on drug type, the veterinary pain management market is segmented into non-steroidal anti-inflammatory drugs, opioids, local anesthetics, α2-adrenergic agonists, muscle relaxants, sedatives and corticosteroids. The non-steroidal anti-inflammatory drugs segment is sub-segmented into etodolac, fentanyl, and meloxicam. The opioids segment is sub-segmented into morphine, hydromorphone, codeine, and others. The local anesthetics segment includes bupivacaine, lidocaine, chloroprocaine, and others. The α2-adrenergic agonists segment is sub-segmented into xylazine, medetomidine, and others.

Based on devices, the veterinary pain management market is segmented into laser therapy devices and electromagnetic therapy devices. Based on route of administration, the veterinary pain management market is segmented into oral, parenteral, and topical.

Based on animal type, the veterinary pain management market is segmented into companion animals, livestock, research animals, aquatic animals, zoo animals, and exotic animals. Based on application, the veterinary pain management market is segmented into joint pain, postoperative pain, and cancer. Based on end-users, the veterinary pain management market is segmented into veterinary hospitals and clinics, research institutes and universities, and laboratories.

Regional Analysis:

The global veterinary pain management market is geographically segmented into four major regions such as North America, Asia Pacific, Europe and the Middle East and Africa. The North America region accounts for the largest share in the global veterinary pain management market owing to the increased pet adoption activities, rise in awareness regarding maintaining the health of companion animals and adoption of advanced technology in the healthcare sector in this region.

The Europe and Asia Pacific regions are projecting significant growth in the global veterinary pain management market owing to the increasing rate of pet adoption, presence of large number of livestock and increasing veterinary healthcare expenditure by the population in these regions.

The veterinary pain management market in the Middle East and Africa region is projecting slow growth owing to lack of awareness and poor veterinary healthcare services in the underdeveloped areas of this region.

Industry Updates:

In August 2018, the restriction on the sale of Flunixin, a 'gold-standard' painkiller for horses, has been relaxed by Britain's Veterinary Medicines Directorate (VMD).

Key Players:

The prominent players in the global veterinary pain management market that are profiled in the report published by MRFR are Boehringer Ingelheim, Zoetis, Chanelle, Dechra Pharmaceuticals, Ceva Santé Animale, Norbrook Laboratories, Vetoquinol, Bayer, Merck Animal Health, Elanco, and Assisi Animal Health.

Read More @ https://www.marketresearchfuture.com/reports/veterinary-pain-management-market-5961

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India +1 646 845 9312 Email: [email protected]

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

#Veterinary pain management Market

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pinnaclepeptides · 5 years

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Buy T4 Liquid

Pinnacle Peptides is a trusted supplier of T4 for all your research ventures. It is also called as L-Thyroxine and it is an iodine containing peptide hormone that is produced from thyroglobulin in the thyroid follicular cells. It stimulates the body metabolic rate and also promotes the growth and development of the human body. For the production of T3 and T4, Iodine is essential. When there is a deficiency of Iodine, it leads to decreased production of T3 and T4, which in turn causes the disease called goiter. The functions of this peptide hormone includes activities like increase in basal metabolic rate, affecting protein synthesis, regulate bone growth, proper development and differentiation of all cells, regulate protein, fat, and carbohydrate and vitamin metabolism etc. It also leads to heat generation in humans. Don’t settle for anything less than 99% pure peptides. With Pinnacle Peptides, you’re always ensured of the highest quality T4 at all times. Due to all these applications of T4, it is in huge demand by various research teams. Studies are being conducted and this peptide hormone is being investigated in detail to know more about its applications in pharmaceutical industry, cosmetic industry, body building industry etc. It is also used as a skin care component in creams etc., and since it acts like a steroid, it is of interest to the body building industry too. It is also used in the treatment of various disorders related to growth and neurodegenerative problems. When you buy T4 for research activities, make sure to procure it from a reliable supplier source. Pinnacle Peptides strives to offer nothing but the best to the customers. High quality and purity of the research supply is essential to conduct researches which lead to accurate results. Contaminations may result in reducing the quality of the research. Pinnacle Peptides are an online peptide manufacturer who offers high quality products at attractive prices along with additional facilities. These facilities may include domestic and international shipping services etc. Do not use the research peptide for any other purpose other than research activities. It is not suitable for direct human consumption. T4 is an investigational peptide, still in the experimental stage for usage in treatments etc, but it is hugely popular and in demand due to its immense potential in diverse applications. Have a look at Pinnacle Peptides’ inventory to fill all your research supplies. The products we offer are intended for laboratory research use only. In purchasing any of these items, the customer acknowledges that there are risks involved with consumption or distribution of these products. These chemicals are NOT intended to use as food additives, drugs, cosmetics, household chemicals or other inappropriate applications. The listing of a material on this site does not constitute a license to its use in infringement of any patent. All of the products will be handled only by qualified and properly trained professionals. All customers represent and warrant that through their own review and study that they are fully aware and knowledgeable about the following: Government regulations regarding the use of and exposure to all products. The health and safety hazards associated with the handling of the products they purchase. The necessity of adequately warning of the health and safety hazards associated with any products. Pinnacle Peptides and www.pinnaclepeptides.com reserves the right to limit and/or deny sales of products to any unqualified individuals if we have reason to believe that misuse will occur.

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michellelewis7162 · 4 years

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theshadowytastemakerstuden-blog1 · 6 years

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Analgesics Market to Grow at high CAGR During 2018 – 2028

The primary objective of the report is to offer updates and information related to market opportunities in the global analgesics market.

The Analgesics Market is Segmented Based on:

Drug Class

Pain Type

Distribution Channel

Region

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Read Comprehensive Overview of Report @ https://www.researchmoz.us/analgesics-market-global-industry-analysis-2013-2017-and-opportunity-assessment-2018-2028-report.html

In the next section of the report, the Competitive Landscape is included to provide report audiences with a dashboard view of the key competitor firms in order to access the key differentiators among the competitor firms. This section is primarily designed to provide clients with an objective and detailed comparative assessment of product offerings and strategies of key providers specific to a market segment. The detailed profiles of players operating in the analgesics market are also provided in the report, which highlight company description, product/segment overview, SWOT analysis, financial information, key developments related to the analgesics market and the strategic overview.

The next section of the report highlights the market outlook for 20182028 and sets the forecast within the context of the analgesics market by region.

The above sections by drug class, pain type and distribution channel evaluate the historic market analysis and growth prospects of the analgesics market for the period 20182028. We have considered 2017 as the base year and provided data for the forecast period.

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To arrive at the market size, bottom-up approach is used to validate the total market size obtained for the analgesics market. The forecast presented in the report provides total revenue of the analgesics market over 20182028. FMI uses the triangulation methodology, which is primarily based on experimental techniques such as patient-level data to obtain precise market estimations for the analgesics market and insights on specific country/regions. The country-specific data is again analysed to derive data at a regional level and then at a global level. This methodology ensures high quality and accuracy of information.

The factors considered while developing the estimates of the analgesics market are epidemiology, treatment seeking rate, ratio of population prescribed with different analgesics.

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