Learning To Understanding Market Mayhem 5 pptx
Learning To Understanding Market Mayhem_3 pptx
... Cisco 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 Business Machines (IBM) 14 ... OF C APITALISM 89888786 858 483 40000 36444 32889 29333 257 78 22222 18667 151 11 1 155 6 8000 50 00 455 6 4111 3667 3222 2778 2333 1889 1444 1000 Index Index Gains for Japanese...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_5 pptx
... 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 withdrawals of over $50 0 ... Harry’s payment to keep her in good financial stead? She might be forced into bankruptcy and be unable to honor her CDO payments to Freddy. Suddenly, in the aftermath of the Lehm...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_1 ppt
... 51 Figure 4.3 40 35 30 25 20 15 Percent (%) Soaring Stocks Relative to Company Earnings: Climbing Risk Appetites Unfold in the 1990s S&P 50 0 Combined Price/Earnings Ratio 0099989796 959 49392 first ... And free market naysayers can deny the fruits of the efforts of entrepreneurs and investors. But history has the 56 • T HE C OST OF C APITALISM be very desirable to take co...
Ngày tải lên: 21/06/2014, 15:20
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...
Ngày tải lên: 21/06/2014, 15:20
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...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_7 pdf
... asset market excesses are distant memories. For policy makers, the front and center challenge is twofold: to stem the downward spiral for the global financial markets and to limit the damage to the ... 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 wen...
Ngày tải lên: 21/06/2014, 15:20
Learning To Understanding Market Mayhem_8 pdf
... consistency literature, 223 Too big to fail doctrine, 182 Trade surplus, in Japan, 97 Treasury, U.K., 157 Treasury, U.S., 152 – 155 , 157 Treasury bills, 1 35, 140, 154 Trends, extrapolating yesterday’s, 197 Truths, ... past 25 years, 15 Refinancing, 30, 34, 134 Regulation Q, 87 Rescue efforts, 57 58 Residential real estate collapse, 19 Retrenchment, 41, 56 , 1 05, 1 15 116 Right b...
Ngày tải lên: 21/06/2014, 15:20
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx
... on my way to riches, and he’ll be frozen in his middle- class existence!” The ABCs of Risky Finance • 27 Figure 2.1 040200989694929088868482807876747270686664626 058 5 654 52 15 10 5 0 5 Year over ... 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 Gathering Sto...
Ngày tải lên: 20/06/2014, 20:20
Understanding Market Mayhem and Stabilizing our Economic Future_1 pptx
... they want do better going forward. The Markets Stoke the Boom and Bust Cycle • 23 Figure 2.1 040200989694929088868482807876747270686664626 058 5 654 52 15 10 5 0 5 Year over Year % Change The Great ... 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 Gathering Stor...
Ngày tải lên: 21/06/2014, 02:20
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 ... Similarly, I was convinced the $5 trillion surplus story was fanciful. I simply had to find the fatal flaws in the argument. different than investors in the stock market. . . . Good...
Ngày tải lên: 21/06/2014, 02:20