Advocating for a long-term resiliency strategy for the Greater Boston area, Sasaki launched a research initiative on sea level rise called Sea Change. Sasaki curated an exhibition to showcase this research, highlighting Boston's vulnerabilities and demonstrated design strategies.The exhibition shared the Sea Change research with the broader community in an engaging and accessible format, rich with graphics and interactive media.
To visualize different flooding scenarios and the city systems that will be affected in Boston, please visit our interactive map.
Todaya€™s environment seems quite similar in that investors are again looking backward and hoping that the old, credit-based leadership re-emerges, while ignoring the major changes within the global economy. Although it is very popular to say the US is a€?printing moneya€?, the reality is that US moneygrowth, at roughly 7%, is spot on the long-term average. Chart 1 shows the current relationship between money growth and inflation amongA  both developed and emerging countries. It is curious that many investors still believe that the a€?emerging market consumera€? is a viable investment theme despite the growing number of protests and riots in the emerging markets. Earning surprise data strongly suggest that analysts refuse to believe that the global sea change is underway. The persistence of these negative earnings surprises suggests that analysts have been very slow to recognize the global sea change. Chart 2 highlights the proportion of companies by region that have reported negative EPS surprises during the last quarter. Although it might be hard to believe, the US and the developed markets are where the growth is today. We have previously highlighted that small cap US stocks were forecasted to grow faster than emerging markets, but one can see that even large cap US stocks are now expected to be faster growers than emerging market companies. Contrarians might conclude Chart 3 demonstrates that expectations for the emerging markets are very low.
Significant market volatility has historically always signaled a change in market leadership. 2008a€™s stock market volatility has so far been a typical signal that growth stories were changing. As Chart 4 points out, a global sea change is well underway, and our positioning will continue to reflect this new secular trend. INDEX DESCRIPTIONS:The following descriptions, while believed to be accurate, are in some cases abbreviated versions of more detailed or comprehensive definitions available from the sponsors or originators of the respective indices. Each index reflects an unmanaged universe of securities without any deduction for advisory fees or other expenses that would reduce actual returns, as well as the reinvestment of all income and dividends. Nine years after his death and burial in France, the remains of poet-laureate William Butler Yeats are transported home to Ireland for a state funeral and burial.


THE KID WHO WOULD BE POPE is an original musical comedy about a ten year old boy who falls in love with his drama teacher, a young Catholic nun. SEA CHANGE is a contemporary musical drama about a young fisherman attempting to provide for his family as the fishing industry collapses and the old relationship to the sea is transformed. SURVIVING OPHELIA is a musical comedy about a teenage girl group named “Ophelia”, and their quest to find their true voice in spite of the crushing conformity and exploitation of the record industry. In A TOWN CALLED CIVILITY a  high school girl writes an original story which she then has to defend against censorship.
The new tide line will transform the coastal landscape of Greater Boston and increase the probability of a major storm devastating the metropolitan region. The Sea Change team tapped into the firm's interdisciplinary practice to engage in preparedness planning at the building, city, and regional scale. Events associated with the exhibition catalyzed a conversation among designers, city officials, real estate leaders, and academics about a specific call to action: to develop a regional plan for the Greater Boston area.
Whereas investors generally still believe that the emerging markets are a growth story, the data increasingly suggest that growth is now predominantly in the developed markets.
The broad base of inflation figures beyond the much-maligned CPI consistently show that US inflation remains well under control. One can see that the highest rates of money growth and inflation are clearly in the emerging markets, and not in the developed markets.
One would think that protests and, in some cases widespread civil unrest, in Brazil, Turkey, Egypt, Indonesia, China, India, and other countries would highlight that inflation is increasingly cramping emerging market consumersa€™ purchasing power. For more than a year, the majority of emerging market companies have produced negative earnings surprises.
Estimate revision data show analysts have been lowering estimates for emerging market companies, but they clearly have not been pessimistic enough.
One can see that the data for emerging markets is quite poor, especially relative to US results.
The growth stories going into a period of volatility are rarely the growth stories exiting such a period.
Going into 2008, credit-related assets outperformed US stocks because of the global credit bubble. Anyone interested in such further details is free to consult each such sponsora€™s or originatora€™s website. An actual investment in the securities included in the index would require an investor to incur transaction costs, which would lower the performance results.
The S&P 500A® Index is an unmanaged, capitalization-weighted index designed to measure the performance of the broad US economy through changes in the aggregate market value of 500 stocks representing all major industries.


The MSCI ACWIA® is a free-float-adjusted, market-capitalization-weighted index designed to measure the equity-market performance of global developed and emerging markets.
The MSCI EM Index is a free-float-adjusted, market- capitalization-weighted index designed to measure the equity-market performance of emerging markets. The MSCI EM Europe Index is a free-float-adjusted, market-capitalization-weighted index designed to measure the equity-market performance of emerging markets in Europe. The S&P GSCIA® seeks to provide investors with a reliable and publicly available benchmark for investment performance in the commodity markets, and is designed to be a a€?tradablea€? index.
The HFRI Fund Weighted Composite Index is a global, equal-weighted index of over 2,000 single-manager funds that report to the HFR (Hedge Fund Research) database.
The FTSE NAREIT Composite Index is a free-float-adjusted, market-capitalization-weighted index that includes all tax qualified REITs listed in the NYSE, AMEX, and NASDAQ National Market. Desiring to win her love and change all the rules of the church so that nuns can marry, Billy McPherson embarks on an epic quest. In the process, she learns a lesson about the true nature of citizenship and the courage it takes to stand up for one’s convictions. Urban Improv is a terrific program which does violence prevention theater work with kids at risk. Sasaki designers also collaborated with experts in engineering, academia, advocacy, and policy making to harness sea level rise expertise and push design thinking further. When it comes to quality, transparency, and consistency of growth, the US seems to stand above other markets. 56% of emerging market companies and 53% of BRIC (Brazil, Russia, India, and China) companies produced negative earnings surprises in the latest reporting period.
The deflation of the global credit bubble since 2008 has led credit - related investments to underperform US stocks.
The index is calculated primarily on a world production-weighted basis and is comprised of the principal physical commodities that are the subject of active, liquid futures markets.
Constituent funds report monthly net-of-all-fees performance in USD and have a minimum of $50 million under management or a twelve (12)-month track record of active performance. The Index includes both domestic (US) and offshore funds, and does not include any funds of funds. Historic quarterly returns are updated in each year-end report to adjust for changes in the index sample.




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  1. 16.09.2015 at 18:48:29
    SEVGI1 writes:
    Can be found together with and tropical paradise meet on this experiential.
  2. 16.09.2015 at 14:48:38
    Stella writes:
    Potent type of remedy amongst those who endure.
  3. 16.09.2015 at 11:38:56
    Gunel22 writes:
    Also a talented kundalini yoga instructor who runs retreats.