February 2003
Beginner
208 pages
4h 55m
English
Content preview from Understanding the Markets
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markets are strong, companies will be more inclined to expand by
either take-overs and mergers or raising extra capital. This generates
plenty of work for corporate finance teams and thus fee income for
the banks. The activity also offers fund managers and investors
opportunities to invest their money and this together with buoyant
company profits and therefore good dividend yields attracts more
investors to the equity markets.
This process can go on for many years and indeed did so through
much of the 1990s and into the new millennium as the US economy
was strong and other economies like those in the UK, Europe and
Asia followed suit. Even problems with ...
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