May 2014
Intermediate to advanced
256 pages
3h 54m
English
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As with most revolutions, few people noticed it happening. Instead, most investors were focused on the roller-coaster ride of stock prices from the late 1990s through the first decade of the new millennium, the steady rise in fixed-income prices over the same span, and then the eventual meltdown of most asset prices in the “great recession” of 2008. The movement in asset values, or price action, over the period was probably the most significant development that captured the attention of investors. However, other significant developments were the rise of emerging markets, especially China, and the phenomenal ...
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