The $100 Trillion Bond Market’s Coronavirus Mayhem In 13 Charts
Hong Kong at this time remains one of the best offshore banking jurisdictions. Whereas Wall Avenue is setting record upon document, many observers are asking whether a monetary bubble may be on the cards. But do bubbles exist? In 2013, the Nobel Prize in Financial Sciences was awarded to 2 researchers with opposing factors of view: for E. Fama, bubbles do not exist as a result of the markets are environment friendly; for R. Shiller, bubbles exist as a result of human behaviours often deviate from rationality. Eswar Prasad, an economics professor at Cornell College, tells TIME that the outbreak...
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