Chapter 10. Global Factors
Global factors and foreign investors are exerting a growing influence on share prices.
Economics and technology have made the world a smaller place than it used to be. At the same time, the relative standing of many nations is in flux as the formerly singular dominance of the U.S. empire appears to be on the wane. Consequently, financial relationships, political developments, and cultural shifts that would have once meant relatively little to most Americans are beginning to exert a growing influence on domestic affairs. In addition, the global imbalances that have cropped up in recent years as a result of various shortsighted decisions and policies have not only created an economic burden for future generations, ...
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