Stocks for the Long Run : the Definitive Guide to Financial Market Returns and Long-term Investment Strategies
basis of global sectors, or by regions of production and distribution. In that case, a U.S.-only portfolio would be very narrow ...
In the consumer discretionary sector, Japan has by far the highest weight of all geographic regions, primarily because of the pr ...
The United States has the largest weight in the consumer staples sector, closely followed by Europe. Here the big firms in the U ...
private company. But if one includes government-owned companies, this U.S. giant is only the fourteenth largest.^12 Saudi Arabia ...
even a freshly minted acronym for this region: MENA, or Middle East and North Africa. These developments will lead the world to ...
180 PART 2 Valuation, Style Investing, and Global Markets FIGURE10–5b The 2050 World GDP FIGURE10–5c The 2050 World Equity ...
China will become the world’s largest economy (projections range from 2025 to 2030), and in 2050, it will command 23 percent of ...
CONCLUSION The inexorable trend toward integration of the world’s economies and markets will certainly continue in this new mill ...
The state first had a 40 percent share, which was boosted to 51 per- cent in 2003. Gazprom offered 1 percent of its stock to fo ...
Industrial and Commercial Bank of China (ICBC) (China) For most of its history, ICBC was the state-owned commercial bank in th ...
3 PART HOW THE ECONOMIC ENVIRONMENT IMPACTS STOCKS Copyright © 2008, 2002, 1998, 1994 by Jeremy J. Siegel. Click here for terms ...
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11 CHAPTER GOLD, MONETARY POLICY, AND INFLATION In the stock market, as with horse racing, money makes the mare go. Monetary con ...
the end of both Britain’s and the world’s gold standard—a standard that had existed for over 200 years. Fearing chaos in the cur ...
the world has become comfortable with the new standard and enjoys the flexibility it accords policymakers. MONEY AND PRICES In 1 ...
The strong relation between the money supply and consumer prices is a worldwide phenomenon. No sustained inflation is possible w ...
THE GOLD STANDARD For the nearly 200 years prior to the Great Depression, most of the in- dustrialized world was on a gold stand ...
currency to enable depositors to withdraw their deposits without forc- ing banks to liquidate loans and other assets. In the lon ...
consequences of leaving the gold standard. BusinessWeek, in a positive editorial on the suspension, asserted: With one decisive ...
principle of international finance and monetary policy for almost two centuries was summarily dismissed as a relic of incorrect ...
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