The rate of new firms entering the marketplace has
fallen by nearly half over the 40 - year period from 1978 to 2012, to 8 percent, compared with a steadily increasing rate of new firm closures, up two
full percentage points, to about 10 percent, over the same period, according to the Brookings Institution, a policy think tank.
Small Caps Hold Up Despite Market Swoon... Since Jan. 1 the small - cap S&P 600 has beaten the Dow
by five
full percentage points, rising 2.25 %, while the Dow has
fallen 2.8 %.
For instance, if a bond has a duration of seven years, its price will likely climb 7 % if interest rates
fall by one
percentage point and lose 7 % if rates rise
by a
full point.