
inflation, real interest rates and the shiller p/e
... Investors often look at unconditional valuation metrics such as the Shiller P/E to infer if the stock market is cheap or expensive. Arnott argues that the fair value of the Shller P/E should be ...
... Investors often look at unconditional valuation metrics such as the Shiller P/E to infer if the stock market is cheap or expensive. Arnott argues that the fair value of the Shller P/E should be ...
Money
... Money 1 Chronicles 29:12 and Proverbs 30:8-9 pg 186 Money: is anything that a society commonly uses and generally accepts in payment for goods and services. Thus anything can serve as money. Legal Tender: U.S. Congress declares our currency to be legal tender, so that if you tender (or offer) it ...
... Money 1 Chronicles 29:12 and Proverbs 30:8-9 pg 186 Money: is anything that a society commonly uses and generally accepts in payment for goods and services. Thus anything can serve as money. Legal Tender: U.S. Congress declares our currency to be legal tender, so that if you tender (or offer) it ...
Downlaod File - Prince Mohammad Bin Fahd University
... people better off, as in this example, loan sharking may have social benefits. (One argument against legalizing loan sharking, however, is that it is frequently a violent activity.) ...
... people better off, as in this example, loan sharking may have social benefits. (One argument against legalizing loan sharking, however, is that it is frequently a violent activity.) ...
Ex Ante Assessment of Community-based Wildlife Management: A
... experienced mixed success. This paper examines the case of the Himalayan musk deer (Moschos chrysogaster), an evolutionarily primitive deer-like species indigenous to the Himalayan Mountains that is listed as endangered under the CITES convention. While habitat loss is a factor, poachers who kill ad ...
... experienced mixed success. This paper examines the case of the Himalayan musk deer (Moschos chrysogaster), an evolutionarily primitive deer-like species indigenous to the Himalayan Mountains that is listed as endangered under the CITES convention. While habitat loss is a factor, poachers who kill ad ...
Ecuador_en.pdf
... 2009, they began to decline in nominal terms. Between November 2008 and March 2009, the cumulative decline in bank assets was equivalent to 4.5% in dollars. This may reflect the sharp decline in oil prices and the consequent reduction in assets to finance the more than US$ 1.5 billion deficit of the ...
... 2009, they began to decline in nominal terms. Between November 2008 and March 2009, the cumulative decline in bank assets was equivalent to 4.5% in dollars. This may reflect the sharp decline in oil prices and the consequent reduction in assets to finance the more than US$ 1.5 billion deficit of the ...
41 – Liability for investment contracts
... In the absence of such a definition, it is not possible to provide a range of estimates within which a fair value is likely to fall. The IASB has deferred consideration of participating contracts to Phase II of its insurance contracts project. For participating business, the discretionary participat ...
... In the absence of such a definition, it is not possible to provide a range of estimates within which a fair value is likely to fall. The IASB has deferred consideration of participating contracts to Phase II of its insurance contracts project. For participating business, the discretionary participat ...
Opportunities Funds Commentary
... By the official data, the economy in China has either bottomed out or is slowing to an acceptable 6.5% or thereabouts. Yet non-governmental, hard data do not support such optimism. Chinese rail freight volume, a barometer for goods movements across the country, has collapsed 10.1% through the first ...
... By the official data, the economy in China has either bottomed out or is slowing to an acceptable 6.5% or thereabouts. Yet non-governmental, hard data do not support such optimism. Chinese rail freight volume, a barometer for goods movements across the country, has collapsed 10.1% through the first ...
Speech on Financial Sector Reforms in China and India
... 2001-05 period—more than ten times that of India over the same period) in the traditional goods sectors. India’s growth story, on the other hand, owes in large part to a spontaneous exploitation of opportunities offered by the IT sector, with little or no emphasis on overseas capital. ...
... 2001-05 period—more than ten times that of India over the same period) in the traditional goods sectors. India’s growth story, on the other hand, owes in large part to a spontaneous exploitation of opportunities offered by the IT sector, with little or no emphasis on overseas capital. ...
Statement of the Financial Policy Committee
... today, reflects the FPC’s current assessment of the level of risks. The results of the test (to be published in November 2017) will inform policy responses to ensure that the banking system has sufficient capital to absorb losses and maintain the supply of credit to the real economy, even in a sever ...
... today, reflects the FPC’s current assessment of the level of risks. The results of the test (to be published in November 2017) will inform policy responses to ensure that the banking system has sufficient capital to absorb losses and maintain the supply of credit to the real economy, even in a sever ...
Word - corporate
... Forward Loo kin g Statements 10 Th is presentatio n contains forward-loo king s tatements with in the meaning of Section 27A of the Securities Act of 193 3 and Section 21E of the Securities Exchange Act of 1934. Forward-loo king s tatements give our expectation s or forecasts of future events and c ...
... Forward Loo kin g Statements 10 Th is presentatio n contains forward-loo king s tatements with in the meaning of Section 27A of the Securities Act of 193 3 and Section 21E of the Securities Exchange Act of 1934. Forward-loo king s tatements give our expectation s or forecasts of future events and c ...
1 WHY PRIVATE CAPITAL MATTERS: LINKING WITH BANKS TO
... 1. Influence and augment global fair banking patterns of the private financial sector 2. Build Principles of Fair Access to Capital and Financial Services into national and international mandates for banks ...
... 1. Influence and augment global fair banking patterns of the private financial sector 2. Build Principles of Fair Access to Capital and Financial Services into national and international mandates for banks ...
Figure 15.1
... Basic Facts About Financial Structure Throughout the World: we reviewed eight basic facts concerning the structure of the financial system ...
... Basic Facts About Financial Structure Throughout the World: we reviewed eight basic facts concerning the structure of the financial system ...
The provision of financial services
... Corporate bond facility launched. Option-adjusted spread over government rates. Based on 444 investment-grade sterling bonds issued by non-bank firms. ...
... Corporate bond facility launched. Option-adjusted spread over government rates. Based on 444 investment-grade sterling bonds issued by non-bank firms. ...
01.06.2010 - EURO-VISIONS: Economic and Capital Market Outlook
... similarities with Greece, but these countries must be viewed separately. “The reaction of the market with respect to these countries was certainly exaggerated, but understandable,” said Singer. If and how fast these countries will be able to return to a sustainable course cannot yet be stated. As re ...
... similarities with Greece, but these countries must be viewed separately. “The reaction of the market with respect to these countries was certainly exaggerated, but understandable,” said Singer. If and how fast these countries will be able to return to a sustainable course cannot yet be stated. As re ...
Tom Paul from Amicushorizon on Brexit effect
... economic activity is a real risk. During the last recession it was the poorest who were hit hardest, and there is nothing to suggest the structure of the economy or political environment has changed significantly. An economic downturn (or slower growth) is likely to affect ‘in work’ residents dispro ...
... economic activity is a real risk. During the last recession it was the poorest who were hit hardest, and there is nothing to suggest the structure of the economy or political environment has changed significantly. An economic downturn (or slower growth) is likely to affect ‘in work’ residents dispro ...
The Oak Financial Times - Oak Financial Group, Inc.
... to long term regret. One recent beneficiary of “risk on” money flows and significant media attention, has been the NASDAQ Composite Index as it tested the 5,000 level at the beginning of March of this year; a level this index has not seen since early 2000. Looking deeper at the NASDAQ 100 Index, we ...
... to long term regret. One recent beneficiary of “risk on” money flows and significant media attention, has been the NASDAQ Composite Index as it tested the 5,000 level at the beginning of March of this year; a level this index has not seen since early 2000. Looking deeper at the NASDAQ 100 Index, we ...
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.