Credit portfolio managers will need to identify and understand the impact of changes in fair value estimates that result from changes in specific factors, economic conditions, management judgment, modeling techniques, and so forth. Accounting treatment for credit derivatives Many of you may have seen earnings volatility resulting from the use of credit derivatives.
With respect to final demand, net exports have continued to increase, and business investment has been rising moderately, mainly in the manufacturing sector. Meanwhile, private consumption has continued to stagnate, reflecting cautious household sentiment that has persisted even after the rebound of the front-loading expansion of spending prior to the consumption tax hike had subsided.