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Markets in crisis
In an interview, John C. Bogle, president of Vanguard's Bogle Financial Markets Research Center, talked about the global market crisis and his outlook for the future of the global economy. According to Bogle, there is always an element of repetition, and this present crisis has that. Investors refuse to concede that certain firms or financial instruments have very high risk. Therefore, people take very large risks, to some degree unknowingly. He said that capitalism and free markets have been built on the premise of the sunlight of full disclosure. People must know who the counterparties are, what the trading volume is, and what the prices are in those markets. He thinks the US economy is going to prove to be very resilient, more resilient than most people believe, and so he's hopeful. He thinks with a good asset allocation, this is not a time to flee the stock market or, for that matter, the bond market..Printed journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| FAJ6501 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Virginia: CFA Institute 2009 |
|---|---|
| Edisi | Vol. 65, No. 1, Jan. - Feb., 2009 |
| Subjek | Economic crisis Executives Economic forecasts Investment policy Securities Markets Asset allocation |
| ISBN/ISSN | 0015198X |
| Klasifikasi | NONE |
| Deskripsi Fisik | 7 p. |
| Info Detail Spesifik | Financial Analysts Journal |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |