Learning To Understanding Market Mayhem 3 pptx

Learning To Understanding Market Mayhem_3 pptx

Learning To Understanding Market Mayhem_3 pptx

... 8.2). 98 • T HE C OST OF C APITALISM 898887868584 83 40000 36 444 32 889 2 933 3 25778 22222 18667 15111 11556 8000 5000 4556 4111 36 67 32 22 2778 233 3 1889 1444 1000 Index Index Gains for Japanese Shares ... Systems (CSCO) 30 0.44 6.9 3. 05 42.08 2 Microsoft (MSFT) 25 1.60 5.2 8 .33 77.55 3 Intel (INTC) 20 2 .32 3. 3 7.75 48.01 4 Oracle (ORCL) 25 0.56 2.8 1.58 14.71 5 Int Busine...
Ngày tải lên : 21/06/2014, 15:20
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Learning To Understanding Market Mayhem_5 pptx

Learning To Understanding Market Mayhem_5 pptx

... busi- nesses finance inventories and working capital, all but closed. Com- mercial banks became unwilling to lend to one another, much less to their customers. Money market mutual funds suffered ... was deemed to be responsible for keeping inflation low. Low inflation, in turn, was thought to offer 168 • T HE C OST OF C APITALISM biggest financial markets crisis since the 1 930 s took...
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Learning To Understanding Market Mayhem_1 ppt

Learning To Understanding Market Mayhem_1 ppt

... the Financial Markets as a Source of Instability • 53 • 37 • Chapter 4 FINANCIAL MARKETS AS A SOURCE OF INSTABILITY Those of us who looked to the self-interest of lending institutions to protect ... Equity Loans 6% Conventional, Conforming Prime 58% 2006 Conventional, Conforming Prime 33 % Home Equity Loans 14% FHA & VA 3% Alt-A 13% Subprime 20% Jumbo Prime 16% 2007 Jumbo Prime...
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Learning To Understanding Market Mayhem_2 potx

Learning To Understanding Market Mayhem_2 potx

... 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 at $120. I am up 20 ... thanks to tech- nology gains from computers. Stock prices were not exuberant, they were prescient. The soaring stock market, the consensus declared, had simply figured out what analysts came...
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Learning To Understanding Market Mayhem_6 potx

Learning To Understanding Market Mayhem_6 potx

... 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 investors need to be cleansed ... 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 1982, I left Washington to tak...
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Learning To Understanding Market Mayhem_7 pdf

Learning To Understanding Market Mayhem_7 pdf

... picture. Profits would have to rise to 31 percent on national income. We pointed out that the corporate investment needed to absorb those funds was im- possible to imagine. We went on to say that the political ... with a sweeping desire to reduce reliance on debt to finance future endeavors. In short, no one wants to take any chances, and everyone wants to raise savings rates...
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Learning To Understanding Market Mayhem_8 pdf

Learning To Understanding Market Mayhem_8 pdf

... 59 AIG, 155 Asia asset markets, 93 central banks, 130 – 131 collapse (1997–1998), 19, 125 currencies, 102 economies, 94, 99, 104, 124 financial mayhem, 6, 93 105 markets, 1 03 stocks, 101 (See also ... 59 of free market economies, 1 63 in free market economy, 8 increasing risk leading to, 53 54 and investment, 7–8 of the last several decades, 15– 23 Minsky on, 178 in Never Never Lan...
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The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx

... • 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 Gathering Storm, 1945-19 53 O ver ... makes no sense to ignore the Minsky diagnosis. Not in order to sound unequivocally committed to free markets. Not in order to legitimize your mathematical models. And certainly no...
Ngày tải lên : 20/06/2014, 20:20
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Understanding Market Mayhem and Stabilizing our Economic Future_1 pptx

Understanding Market Mayhem and Stabilizing our Economic Future_1 pptx

... • 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 Gathering Storm, 1945-19 53 O ver ... when the National Association of Real- tors began to track these statistics (see Figure 3. 1). Finally, Hanna understands that to make a lot of money you have to risk some money.” I...
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Understanding Market Mayhem and Stabilizing our Economic Future_7 pptx

Understanding Market Mayhem and Stabilizing our Economic Future_7 pptx

... 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 investors need to be cleansed ... 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 1982, I left Washington to tak...
Ngày tải lên : 21/06/2014, 02:20
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