Category: Economics
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Museum of American Finance to Open “Checks & Balances: Presidents and American Finance” Exhibit on Election Day
Image via Wikipedia NEW YORK–(BUSINESS WIRE)–On Tuesday, November 8, the Museum of American Finance will open “Checks & Balances: Presidents and American Finance,” an exhibit on the financial challenges faced by American Presidents both in the Oval Office and in their personal lives. From its inception as an experiment in a new kind of democratic…
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Madness in Markets
Madness in Markets: Coming soon to an Emerging Market near you At no other time in history has a deeper investigation of our investment portfolios made better sense than today. The last four years have brought forth many surprises for almost all types of investors. It is common wisdom that no one can take the…
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For Investment, Certainty is Scarce
In the past year, it’s been a very tough task to ascertain the securest path for investment. No one market has proved dominant, and those in charge of managing investments have had to react at lighting speed to swift changes in market direction for all but the longest term options. Though investment returns are down,…
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It’s a rich man’s world
An annual survey estimated that the combined wealth of the world’s 10.9m rich people (27% of whom are women) stood at $42.7 trillion in 2010, more than in 2007, the year the financial crisis was brewing. More than half of the monied classes live in the United States, Japan and Germany, though Asia has more…
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Targets of Opportunity: The Region’s Top Investment Sectors
In a region that stretches from Morocco to Kuwait and covers terrain from mountains to desert, the range of economic activity in the Middle East and North Africa (MENA) is as varied as the geography. The rich diversity of economies provides numerous sectors primed for private equity (PE) investment. “In terms of sectors, each country…
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It’s Time for Obama to Spook the Oil Markets
The fate of the Obama presidency hangs not on a birth certificate or the red ink on the federal budget but by the hose nozzle of your local gas station. Electoral discontent is measured by the price of a gallon of gasoline. Heading past $4 toward $5, that is a lethal trajectory for President Barack…
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The Economics of Expectations
We are in the throes of a third wave. Instead of buying and selling assets one way (as tangibles) or the other (as symbols) – we increasingly trade in expectations (in other words, we transfer risks). The markets in derivatives (options, futures, indices, swaps, collateralized instruments, and so on) are flourishing. Economies revolve around and…