Learning To Understanding Market Mayhem 1 ppt
Learning To Understanding Market Mayhem_1 ppt
... Courts: Total Bankruptcy Petition Filings 1. 6 1. 4 1. 2 1. 0 0.8 0.6 95 96 97 98 99 00 01 02 03 04 Figure 5 .1 come. Combine confidence in future sales with easy credit terms, and businesses begin to ... VA 3% Alt-A 13 % Subprime 20% Jumbo Prime 16 % 2007 Jumbo Prime 10 % Subprime 3% Alt-A 6% FHA & VA 7% Home Equity Loans 13 % Conventional, Conforming Prime 61% revalue thei...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_3 pptx
... 21 0.79 1. 6 1. 25 8. 41 10 Dell Computer (DELL) 33 0.69 2.6 1. 77 30.65 11 Hewlett-Packard (HWP) 15 3.09 1. 0 3.09 12 .5 12 EMC (EMC) 31 1 .11 1. 0 1. 15 17 .12 13 Texas Instruments (TXN) 24 1. 83 0.8 1. 49 ... OF C APITALISM 89888786858483 40000 36444 32889 29333 25778 22222 18 667 15 111 11 556 8000 5000 4556 411 1 3667 3222 2778 2333 18 89 14 44 10 00 Index Index G...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_5 pptx
... of the Crisis • 16 9 important support for conservative Washington ideologues in the 19 80s and into the 19 90s. As we complete this decade, we are in a similar position to the mid- 19 70s. The reign ... was deemed to be responsible for keeping inflation low. Low inflation, in turn, was thought to offer 16 8 • T HE C OST OF C APITALISM biggest financial markets crisis since the 19 30...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_2 potx
... stocks, but to protect their gains, they bought stock options that locked in their automatic sell orders if the market were to fall back to a specified level. Think of it like this: I own a stock ... Emerged in the 19 80s • 85 DECNOVOCTSEPAUGJULJUNMAYAPRMARFEB JAN 19 87 2800 2600 2400 2200 2000 18 00 16 00 Index Portfolio Insurance Set Up Sell Orders at Similar Prices. On October...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_6 potx
... decision to relent on tight money. When I made this observation to a friend, he chuckled. “You need to read Hyman Minsky!” he said. And I did. In 19 82, I left Washington to take a job at E.F. Hutton, ... the ready to respond to violent increases in credit spreads. When stock and corporate bond markets go into free fall, policy makers ease aggres- sively, pointing out that invest...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_7 pdf
... reverse. As Figure 10 .1 (in Chap- ter 10 ) shows, the housing market was wildly cyclical from 19 60 through the early 19 80s. The violent boom and bust cycle visible in the 19 60- 19 70 U.S. economy ... less than $10 per share, hardly more than a to- ken for a company that 12 months earlier had been worth more than $17 5 per share. Notes • 2 21 to play. Likewise, regulators w...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_8 pdf
... of, 15 2, 16 4 stabilizing housing market, 210 visible hand of, 16 5, 18 2, 19 4, 210 – 211 Government intervention, 17 0, 19 1, 19 4 Great Depression, 14 3, 16 4, 17 0, 18 1 18 3 Great Inflation, 22, 83, 17 0 Great ... 99 10 0, 18 1 18 2 of banks, 34, 18 1 18 2 houses as, 13 2 prices, 20, 23, 41, 60, 11 7, 12 3 risky, 48, 90 18 3 Attitudes toward risk, 32, 41, 14 2, 2...
Ngày tải lên: 21/06/2014, 15:20
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx
... 3 .1 16 14 12 10 8 6 4 2 0 Year over Year % Change, 12 -Month Moving Average Median House Prices: In Positive Territory, without Exception, from 19 66 through 2004 National Association of Realtors: ... 29 • 15 • Chapter 2 THE MARKETS STOKE THE BOOM AND BUST CYCLE It is a joke in Britain to say that the War Office is always preparing for the last war. —Winston Churchill, The Gatherin...
Ngày tải lên: 20/06/2014, 20:20
Understanding Market Mayhem and Stabilizing our Economic Future_1 pptx
... 3 .1 16 14 12 10 8 6 4 2 0 Year over Year % Change, 12 -Month Moving Average Median House Prices: In Positive Territory, without Exception, from 19 66 through 2004 National Association of Realtors: ... OF C APITALISM Figure 1. 2 010 09998979695949392 919 0898887868584 40000 30000 20000 10 000 9000 10 0 90 80 70 Index, 6-Month Moving Average, Log ScaleIndex, 1- Month Moving Average...
Ngày tải lên: 21/06/2014, 02:20
Understanding Market Mayhem and Stabilizing our Economic Future_7 pptx
... revenue gains . . . have been tied to the stock market. . . . The risk is that 200 • T HE C OST OF C APITALISM 10 08060402009896949290888684828078767472706866646260 11 10 9 8 7 6 5 Share (%) Where Might ... the ready to respond to violent increases in credit spreads. When stock and corporate bond markets go into free fall, policy makers ease aggres- sively, pointing out that inves...
Ngày tải lên: 21/06/2014, 02:20