Cash transfers would likely trigger a rapid
rise in equity
markets, because earnings are currently cyclically
depressed, so the asset price effect of cash transfers would likely be way more powerful than any impact of «small» amounts of QE.
The combination of
depressed commodity prices, a Chinese devaluation and the growing possibility of a
rise in US base rates has meant that emerging -
market assets
in general have been having a rough time.
In 1983, 33 % of working - age households were financially unprepared for retirement, but the number rose to 40 % in 1998 as a result of lower saving and more borrowing, and to 44 % in 2006 as the 2000 - 2002 bear market also depressed retirement fund
In 1983, 33 % of working - age households were financially unprepared for retirement, but the number
rose to 40 %
in 1998 as a result of lower saving and more borrowing, and to 44 % in 2006 as the 2000 - 2002 bear market also depressed retirement fund
in 1998 as a result of lower saving and more borrowing, and to 44 %
in 2006 as the 2000 - 2002 bear market also depressed retirement fund
in 2006 as the 2000 - 2002 bear
market also
depressed retirement funds.