The rich, with their ownership of investment assets and ready access to cheap credit to gear up their holdings, have continued to be “the chief beneficiaries of… unorthodox monetary policies,” says the CLSA strategist Christopher Wood. Equities, Multiple Expansion “In the world of equities, multiple expansion – not earnings [growth] – has been the chief […]
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Approaching Threat of US Financial Crisis
August 14, 2014 By Leave a Comment
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