John Templeton, another famously successful value investor, shared a similar sentiment. “I never ask if the market is going to go up or down because I don’t know, and besides, it doesn’t matter,” Templeton toldForbesin 1978. “I search nation after nation for stocks, asking: ‘Where...
In microeconomics, the attention is focused on a part of the economic system. It is recognized that what happens in a part of the system can affect the rest of the economy outside the part studied, but microeconomics is not concerned with these. In macroeconomics, the attention is focused ...
“I think administrations of both political persuasions have a rationale for being concerned about the threat from China, which I think is very real and, in another way, the threat from private providers.” The urgency of action Richard emphasizes that time is of the essence. The longer democ...
He is concerned about moral hazard, and so am I. But monetary policy is a horrible way to address the issue. RobF, This is confusing, I don’t blame you. The problem is that there is actually more than one monetary policy tool. So when I say money has been tight, I don’t mean...
(and, specifically, the determination of their demand for labour); revision of the determinants of labour supply; revision of the derivation of the Aggregate Supply curve primarily through diagrammatic techniques. • To introduce algebraic notation for discussing supply side concepts • To relate ...
Macroeconomics for Business Lecture 1: Introduction The market economy Economic method and economists Why is macroeconomics useful? AD/AS framework Preamble AD/AS framework An economist is someone who doesn't know what he's talking about - and makes you feel it's your fault. Economists are peopl...
Microeconomics is concerned with the actions of individuals and businesses. Macroeconomics focuses on the actions that governments and countries take to influence broader economies. Both will impact an investment portfolio but most investors focus primarily on microeconomic considerations when making their ...