Since the BOJ already owns close to half of all outstanding Japanese government bonds of a 10 - year maturity and below, its move was
viewed by some market participants as, in effect, a tacit admission the BOJ had reached the limit for QE and possibly the first stage of a taper of its bond purchases.
Such an increase in market value is too often
viewed by market participants as structural and permanent.
Not exact matches
The IMF's change of position undercuts the US
view, as do some estimates
by market participants.
Another difficulty (or necessity, depending on your point of
view) is that
market participants must submit to KYC and AML compliance checks
by brokers.
I
view the underlying insight as a healthy realization
by market participants that the risks are two - sided: Unsustainably strong growth that leads to excessive inflation or financial imbalances is now as much a risk as growth that falls short.
Some
market participants promoted the
view that the process would eventually lead to devaluation
by China and the breaking of the Hong Kong dollar's peg to the US dollar.
However, the new directives are based on the rather wrong
view that dollarization is responsible for depreciation of the cedi.International experience shows that regulations such as those issued
by the Bank of Ghana tend to be short - lived in effect as
market participants find ways to circumvent them.
The crosscurrents different
market participants create, alongside the nooks and crannies formed
by a disparate investment universe, open up meaningful opportunities for harvesting alpha from the
market, in our
view.
These theories share a common and highly stylized
view of financial
markets, one characterized
by, inter alia, perfect information, the absence of transaction costs and rational
market participants.
By Tom Nieman, Rick Kleiner, MBA, Tom Knox, SIOR — PICOR TREND Report September 2011 Overview The current medical office
market environment is dynamic and challenging, and
participants need to take a long - term
view in order to see the end of the... Continue reading >>