
Thick as a Bric by Efficient Frontier
... load up where the action is before the world leaves you behind! You’d think that folks smart enough to work at Goldman would occasionally read the finance literature. Yes, there is a relationship between economic growth and equity returns, but unfortunately, it has the wrong sign. There is now a pre ...
... load up where the action is before the world leaves you behind! You’d think that folks smart enough to work at Goldman would occasionally read the finance literature. Yes, there is a relationship between economic growth and equity returns, but unfortunately, it has the wrong sign. There is now a pre ...
version - Keith Rankin
... advanced emphasises the role of long-term creditors who persevere with a savings strategy (intentionally selling more than they buy) long after such abstemious behaviour has served its individual or systemic usefulness. The presence of a substantial group of habitual savers creates imbalances in the ...
... advanced emphasises the role of long-term creditors who persevere with a savings strategy (intentionally selling more than they buy) long after such abstemious behaviour has served its individual or systemic usefulness. The presence of a substantial group of habitual savers creates imbalances in the ...
Research on Derivative Pricing Theory in the Development of Contract Agriculture
... for spot transaction; they can only adapt to the changing prices passively and bear losses, as described in the cobweb model. Besides, because there are plenty of agricultural products species in China, and agricultural products market are changing from a seller’s market to a buyer’s market, farmers ...
... for spot transaction; they can only adapt to the changing prices passively and bear losses, as described in the cobweb model. Besides, because there are plenty of agricultural products species in China, and agricultural products market are changing from a seller’s market to a buyer’s market, farmers ...
20150817 - Rand Refinery
... China devalues its currency. The global financial markets were rattled last week when China shocked the world last Tuesday with a surprise devaluation of its yuan currency, sending gold prices sharply higher. Last Tuesday, the People's Bank of China (PBoC), set the mid-point reference exchange rate ...
... China devalues its currency. The global financial markets were rattled last week when China shocked the world last Tuesday with a surprise devaluation of its yuan currency, sending gold prices sharply higher. Last Tuesday, the People's Bank of China (PBoC), set the mid-point reference exchange rate ...
CIO Weekly Letter - Merrill Lynch Wealth Management
... ooking Ahead: A report on the consumer price index (CPI) for the U.S. in November is likely to show a slight decline, while L for the euro zone it should be unrevised from the preliminary estimate. At the December meeting of the Federal Open Market Committee no rate change is expected, however a c ...
... ooking Ahead: A report on the consumer price index (CPI) for the U.S. in November is likely to show a slight decline, while L for the euro zone it should be unrevised from the preliminary estimate. At the December meeting of the Federal Open Market Committee no rate change is expected, however a c ...
455 KB - Financial System Inquiry
... The removal of interest rate controls contributed to the restoration ...
... The removal of interest rate controls contributed to the restoration ...
CI Signature Canadian Balanced Fund
... timely. Morningstar is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers t ...
... timely. Morningstar is not responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. This fund is an investment product offered under an insurance contract issued by Desjardins Financial Security. Desjardins Insurance refers t ...
Udeogu_Rate-of-profi..
... precipitated financialization, which has further quickened the flight of both industrial and human capital from the already sclerotic real sector and into the financial sector. In similar fashion, the liberalization of trade occasioned unequal competition with advanced foreign capitals, which also i ...
... precipitated financialization, which has further quickened the flight of both industrial and human capital from the already sclerotic real sector and into the financial sector. In similar fashion, the liberalization of trade occasioned unequal competition with advanced foreign capitals, which also i ...
Appendix 3
... of a “reference” rate of interest. The reference rate should contain no service element and reflect the risk and maturity structure of deposits and loans. The rate prevailing for interbank borrowing and lending may be a suitable choice as a reference rate. A single rate should be used for transactio ...
... of a “reference” rate of interest. The reference rate should contain no service element and reflect the risk and maturity structure of deposits and loans. The rate prevailing for interbank borrowing and lending may be a suitable choice as a reference rate. A single rate should be used for transactio ...
Note 1: Summary of Significant Accounting Policies
... classification depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. Loans and Receivables Trade receivables, loans and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as ‘loan ...
... classification depends on the nature and purpose of the financial assets and is determined at the time of initial recognition. Loans and Receivables Trade receivables, loans and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as ‘loan ...
CHAPTER 2
... (1) Home ownership is easy to obtain in the United States because the financial system is well developed (2) In countries with less developed financial systems, homeownership is more difficult, requiring greater savings, so people do not own homes until later in their lives (3) Since 2008, it has be ...
... (1) Home ownership is easy to obtain in the United States because the financial system is well developed (2) In countries with less developed financial systems, homeownership is more difficult, requiring greater savings, so people do not own homes until later in their lives (3) Since 2008, it has be ...
Use It or Lose It – Understanding Recurring Financial
... advanced emphasises the role of long-term creditors who persevere with a savings strategy (intentionally selling more than they buy) long after such abstemious behaviour has served its individual or systemic usefulness. The presence of a substantial group of habitual savers creates imbalances in the ...
... advanced emphasises the role of long-term creditors who persevere with a savings strategy (intentionally selling more than they buy) long after such abstemious behaviour has served its individual or systemic usefulness. The presence of a substantial group of habitual savers creates imbalances in the ...
May 2014 Examinations Subject CT8 – Financial Economics INDICATIVE SOLUTIONS
... (iii) βA = 0.042/0.028=1.5=⇒16=rf +1.5(12−rf)=⇒rf =4%. βB = 0.75 as market β = 1 βA +2/3* βB (iv) As derived above using CAPM ...
... (iii) βA = 0.042/0.028=1.5=⇒16=rf +1.5(12−rf)=⇒rf =4%. βB = 0.75 as market β = 1 βA +2/3* βB (iv) As derived above using CAPM ...
International Accounting Standard 29
... The financial statements of an entity whose functional currency is the currency of a hyperinflationary economy, whether they are based on a historical cost approach or a current cost approach, shall be stated in terms of the measuring unit current at the balance sheet date. The corresponding figures ...
... The financial statements of an entity whose functional currency is the currency of a hyperinflationary economy, whether they are based on a historical cost approach or a current cost approach, shall be stated in terms of the measuring unit current at the balance sheet date. The corresponding figures ...
June 2015 - NigeriaTravelsMart
... Delayed impact of devaluation and consumer resistance to higher prices at the retail level Huge payments to oil marketers increased money supply ...
... Delayed impact of devaluation and consumer resistance to higher prices at the retail level Huge payments to oil marketers increased money supply ...
The Relationship between Share Price Gains, Corporate
... equity in the agricultural and the construction industries are closer, the value of share price gains and investment risk are much lower in comparison, but return on equity of the financial sector is far higher than the two industries. Primary and secondary industries in the Chinese stock market hav ...
... equity in the agricultural and the construction industries are closer, the value of share price gains and investment risk are much lower in comparison, but return on equity of the financial sector is far higher than the two industries. Primary and secondary industries in the Chinese stock market hav ...
The Impact of the Financial Crisis on the Telecommunications
... of these banks by the government. Some commentators have remarked that a financial crisis of this proportion has not been witnessed since the Great Depression of the 1930s. The IMF (2009) observes that the current financial crisis is more global in scope than in any other period of financial turmoil ...
... of these banks by the government. Some commentators have remarked that a financial crisis of this proportion has not been witnessed since the Great Depression of the 1930s. The IMF (2009) observes that the current financial crisis is more global in scope than in any other period of financial turmoil ...
Monthly Column Anchored on a drifting seabed Imagine you are
... Imagine you are bartering in a market for a hand-woven rug, when the stall-holder starts negotiations with a ridiculously high price. You know the price is too high and you must adjust downwards but your brain still has to make a sensible adjustment from that crazy starting price, regardless of how ...
... Imagine you are bartering in a market for a hand-woven rug, when the stall-holder starts negotiations with a ridiculously high price. You know the price is too high and you must adjust downwards but your brain still has to make a sensible adjustment from that crazy starting price, regardless of how ...
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.