The Cost of Capitalism Market Madness 6 potx
The Cost of Capitalism Market Madness_6 potx
... been tied to the stock market. . . . The risk is that 200 • T HE C OST OF C APITALISM 1008 060 4020098 969 4929088 868 4828078 767 4727 068 666 462 60 11 10 9 8 7 6 5 Share (%) Where Might the Estimates ... brain skills. Looking through the details of the question to get to an overarching sense of the issue is at the heart of right brain thinking. Out of the Mouth...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_1 pptx
... change. Indeed, if one embraces the efficient market hypothesis, the price of a capital asset is the embodiment of the present value of incomes to be received in the future. Thus, every decision ... about the enduring nature of the upturn. Recall that they have conviction about how their world works because they believe their economy is locked in a cyclical pat- tern. M...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_2 pdf
... markets needed to be added to the Fed’s list of poten- tially destabilizing excesses. Why? Sadly, it was not the force of ideas that carried the day. It was the end of the Great Moderation. The ... Index 0807 060 5 Figure 5.3 Thus, extrapolating markets predispose the economy to excessive uses of risk and concentration of investment. And the interplay of these two...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_3 pot
... as most of the rest of the stock market was 108 • T HE C OST OF C APITALISM of these companies looked shaky. The value of bank assets, therefore, had to be reduced. And banks, in need of additional ... bubble!” I looked at the others; they looked down at their shoes. And for the remainder of the two hours the group exchanged pleasantries. In the end the group...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_4 pptx
... interest rates is the catalyst for recession. And housing investment, without exception, plunges (Figure 10.1). 1 26 • T HE C OST OF C APITALISM 828180797877 767 5747372717 069 6 867 666 564 6 362 61 2500 2000 1500 1000 500 In ... thought that by the end of the year the funds rate would fall to 4 percent. Quite a few e-mails greeted me after the show, most of them critical,...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_5 ppt
... 147 08 060 4020098 969 4929088 868 4828078 767 4727 068 666 462 6058 56 20000 10000 8000 60 00 4000 2000 In Billions of Chained 2000 $s, Log Scale Growth Is the Goal and Growth Is the Rule NIPA: Real GDP Figure 13.1 08 060 4020098 969 4929088 868 4828078 767 4727 068 666 462 6058 56 10 8 6 4 2 0 –2 –4 Year ... things go awry, the insurer pays the buyer. Either way, one of th...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_7 pot
... Left to their own devices, the various world 210 • T HE C OST OF C APITALISM Figure 16. 1 08 060 4020098 969 4929088 868 4828078 767 4727 068 666 462 130 105 80 55 30 Share(%) Rescue Policy Efforts Must Be ... many champions of free market capitalism warned about the tenuous nature of the global credit markets. Warren Buffett, the sage of Omaha, labeled the mar- kets im...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism Market Madness_8 ppt
... past, 63 64 , 68 Recessions capitulation after -the- fact (2008), 64 68 as a consequence of a burst bubble, 151 drivers of, 4 entering (end of 2007), 151 government role during, 169 during the Greenspan ... of, 164 – 165 as not generally trained in psy- chology, 185 select group garnering attention, 195–1 96 supporting the ECB, 144 E.F. Hutton, 195 Efficient market hypothe...
Ngày tải lên: 22/06/2014, 18:20
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_8 potx
... been tied to the stock market. . . . The risk is that 200 • T HE C OST OF C APITALISM 1008 060 4020098 969 4929088 868 4828078 767 4727 068 666 462 60 11 10 9 8 7 6 5 Share (%) Where Might the Estimates ... brain skills. Looking through the details of the question to get to an overarching sense of the issue is at the heart of right brain thinking. Out of the Mouth...
Ngày tải lên: 20/06/2014, 20:20
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx
... GDP 04020098 969 4929088 868 4828078 767 4727 068 666 462 6058 565 452 it is not the time to dream of punishing the guilty. Central banks must overcome their squeamishness, incorporate asset prices in their defi- nition of stability, ... Risky Finance • 27 Figure 2.1 04020098 969 4929088 868 4828078 767 4727 068 666 462 6058 565 452 15 10 5 0 −5 Year over Year % Change The Great Infl...
Ngày tải lên: 20/06/2014, 20:20