Read this feature article - Fidelity Investments Canada
... Unless otherwise disclosed to you, any investment or management recommendation in this document is not meant to be impartial investment advice or advice in a fiduciary capacity, is intended to be educational and is not tailored to the investment needs of any specific individual. Fidelity and its rep ...
... Unless otherwise disclosed to you, any investment or management recommendation in this document is not meant to be impartial investment advice or advice in a fiduciary capacity, is intended to be educational and is not tailored to the investment needs of any specific individual. Fidelity and its rep ...
Currency Volatility: Economic Drivers and Asset Allocation
... Note: This is a hypothetical illustration of a typical business cycle. There is not always a chronological progression in this order, and there have been cycles when the economy has skipped a phase or retraced an earlier one. Economically sensitive assets include stocks and high-yield corporate bond ...
... Note: This is a hypothetical illustration of a typical business cycle. There is not always a chronological progression in this order, and there have been cycles when the economy has skipped a phase or retraced an earlier one. Economically sensitive assets include stocks and high-yield corporate bond ...
the chinese economic system in the last 20 years. an economic
... according to its membership; this is referred to in scientific literature as the 2001-2006 "honey moon"). After this period, the rate of reforms in international trade decreased dramatically, which resulted in a slight increase of the commercial freedom index during 2007-2015, from 68 to 71.8 in the ...
... according to its membership; this is referred to in scientific literature as the 2001-2006 "honey moon"). After this period, the rate of reforms in international trade decreased dramatically, which resulted in a slight increase of the commercial freedom index during 2007-2015, from 68 to 71.8 in the ...
The European Monetary System
... Bretton Woods in Retrospect: 3 Problems The Bretton Woods system worked well until the 1960s, when problems began to emerge. 1. Adequacy of reserves (or liquidity) As volume of global trade grows, BOP imbalances will also grow. This demands increases in reserves. The supply of gold was not k ...
... Bretton Woods in Retrospect: 3 Problems The Bretton Woods system worked well until the 1960s, when problems began to emerge. 1. Adequacy of reserves (or liquidity) As volume of global trade grows, BOP imbalances will also grow. This demands increases in reserves. The supply of gold was not k ...
STRATEGY
... Yes, it is. We had the feeling it was for several months, and today this is definitely the case. All indicators are up, including the total consumer price index, the index ex-food and ex-energy, the PCE deflator (which is the Federal Reserve’s official objective) – all are accelerating. Some regiona ...
... Yes, it is. We had the feeling it was for several months, and today this is definitely the case. All indicators are up, including the total consumer price index, the index ex-food and ex-energy, the PCE deflator (which is the Federal Reserve’s official objective) – all are accelerating. Some regiona ...
M. Boeuf - European Commission
... € 50 billion over period 2003-2010. Extra long maturities (35 years). Longer grace periods. Special arrangements for exceptional cases (e.g. up to 75%). ...
... € 50 billion over period 2003-2010. Extra long maturities (35 years). Longer grace periods. Special arrangements for exceptional cases (e.g. up to 75%). ...
Topic Note-3
... down to a steady rate afterward. To illustrate how to price equity in this case, consider the following problem. Problem 1: A company's dividend grows at 10% rate for the first five years, and thereafter settles down to a steady growth rate of 6%. If stockholders expect a rate of return of 14% from ...
... down to a steady rate afterward. To illustrate how to price equity in this case, consider the following problem. Problem 1: A company's dividend grows at 10% rate for the first five years, and thereafter settles down to a steady growth rate of 6%. If stockholders expect a rate of return of 14% from ...
Twenty Years of Economic Growth
... explanation. The China story has been significant only over the past five years; most of its significance still lies ahead. Remember, too, that the country that was our main export market, Japan, has experienced very subdued economic growth over the past 20 years, and that several other of our Asian ...
... explanation. The China story has been significant only over the past five years; most of its significance still lies ahead. Remember, too, that the country that was our main export market, Japan, has experienced very subdued economic growth over the past 20 years, and that several other of our Asian ...
Predicting turning points of financial markets
... player focuses on the set of moves needed to win. After every move, both players reevaluate their scenarios and the possibilities they have to win. Investing or decision making involves the same mindset. We analyze the available data related to the economic and financial environment. The analysis r ...
... player focuses on the set of moves needed to win. After every move, both players reevaluate their scenarios and the possibilities they have to win. Investing or decision making involves the same mindset. We analyze the available data related to the economic and financial environment. The analysis r ...
monetary transmission mechanism and behaviour of asset
... money supply and demand for liquidity. In the circumstances of an expansionary monetary policy and expectations of further weakening of monetary constraints, the fall in short-term interest rates is reflected on the fall in long-term interest rates. With that respect, a fall in real interest rates c ...
... money supply and demand for liquidity. In the circumstances of an expansionary monetary policy and expectations of further weakening of monetary constraints, the fall in short-term interest rates is reflected on the fall in long-term interest rates. With that respect, a fall in real interest rates c ...
Dynamic Asset Allocation Through the Business Cycle: A Macro
... It is well understood that financial markets are heavily affected by the macro environment. For instance, common wisdom suggests that recessions are associated with underperformance in risky assets; however, empirical evidence does not necessarily confirm this assertion, at least not on the surface. ...
... It is well understood that financial markets are heavily affected by the macro environment. For instance, common wisdom suggests that recessions are associated with underperformance in risky assets; however, empirical evidence does not necessarily confirm this assertion, at least not on the surface. ...
Zvi NBER WORKING PAPER SERIES
... be little doubt that the dollar value of its investment portfolio is not what counts, 'out rather its real value in terms of purchasing power. It follows, therefore, that households will be concerned about the real or inflation— adjusted rate of return rather than the nominal rate of return on their ...
... be little doubt that the dollar value of its investment portfolio is not what counts, 'out rather its real value in terms of purchasing power. It follows, therefore, that households will be concerned about the real or inflation— adjusted rate of return rather than the nominal rate of return on their ...
Practice Problems on Current Account
... ii) Average rates of Investment in new plant and capital is also much higher (40% of GDP) in the HPAE economies relative to Latin American economies (20% of GDP). How will the difference in the growth rate of educational attainment (as discussed in part (i)) explain the differences in the average ra ...
... ii) Average rates of Investment in new plant and capital is also much higher (40% of GDP) in the HPAE economies relative to Latin American economies (20% of GDP). How will the difference in the growth rate of educational attainment (as discussed in part (i)) explain the differences in the average ra ...
U.S. Annuity Market Dynamics and Regulatory Requirements
... primarily longevity risk Capital markets risk ...
... primarily longevity risk Capital markets risk ...
Session 3: Bond Valuation
... Subordinated debentures: bonds that have a lower claim on assets in the event of liquidation than do other senior debtholders. Mortgage bonds: bonds secured by a lien on specific assets of the firm, such as real estate. Eurobonds: bonds issued in a country different from the one in whose currency th ...
... Subordinated debentures: bonds that have a lower claim on assets in the event of liquidation than do other senior debtholders. Mortgage bonds: bonds secured by a lien on specific assets of the firm, such as real estate. Eurobonds: bonds issued in a country different from the one in whose currency th ...
Show Me Financial Freedom Booklet
... MRTA Executive Director Jim Kreider challenged the retirement planning committee to develop a retirement planning handbook. Many meetings have been held with the executive director, officers, Mark Iglehart and the retirement planning committee all present as this was a “work-in-progress” for more th ...
... MRTA Executive Director Jim Kreider challenged the retirement planning committee to develop a retirement planning handbook. Many meetings have been held with the executive director, officers, Mark Iglehart and the retirement planning committee all present as this was a “work-in-progress” for more th ...
bank opacity and information asymmetry around quarterly earnings
... sheet structured derivatives. As a result, both on- and off-balance sheet trading activities have become a major source of opacity for banks. Securitization is the process by which an issuer (bank) creates a new financial instrument by combining other illiquid or doubtful assets (mostly primary or s ...
... sheet structured derivatives. As a result, both on- and off-balance sheet trading activities have become a major source of opacity for banks. Securitization is the process by which an issuer (bank) creates a new financial instrument by combining other illiquid or doubtful assets (mostly primary or s ...
other economic flows
... • When bonds and bills are issued at a discount the price will gradually rise over the life of the bond until it reaches the maturity value. This increase in price is not a holding gain. • The value of bonds and bills changes when the market rates of interest change. Changes attributable to market r ...
... • When bonds and bills are issued at a discount the price will gradually rise over the life of the bond until it reaches the maturity value. This increase in price is not a holding gain. • The value of bonds and bills changes when the market rates of interest change. Changes attributable to market r ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.