…correlation between high valuations and future returns. That may create a particular problem for those investing in emerging markets at the moment. According to Mr Montier, emerging markets are trading…

…sense of what the markets will do if they are actually good economists. Economists seem to think that the stock markets are ruled by psychology and irrationality. Maybe so, but…

…of finance in the emerging and frontier markets’ debt and equity markets. The authors of the report analyzed the determinants of the different types of portfolio flows. They reported that…

…of finance in the emerging and frontier markets’ debt and equity markets. The authors of the report analyzed the determinants of the different types of portfolio flows. They reported that…

…for financial markets and a few related commodity markets, markets are rare beasts in the modern economy. The actual economy is dominated by formal, hierarchical, administrative organization and transactions are…

…7 Important Examples of How Markets Can Fail, http://www.thefiscaltimes.com/Columns/2013/06/18/7-Important-Examples-of-How-Markets-Can-Fail.aspx#page1, Fiscal Times ( 2013). “When there are substantial departures from the conditions needed to approximate pure competition, markets usually perform poorly…

…to bank syndicated loans. Moreover, the debt of firms in emerging markets in international markets was more likely to be denominated in foreign currency, as opposed to the use of…

…has done so mostly under the public’s radar screen and so has had a nearly unfettered free ride. But now, little by little–albeit by too little–the free ride is becoming…

…at least four justices. This would be true even absent the current Court’s conservative majority’s insistence that the First Amendment incorporates an all-but-unfettered right not just to speak to the…

…from 2001 is a reminder that Adam Smith was not a “narrow, unyielding defender of unfettered free enterprise”: The many faces of Adam Smith: Rediscovering ‘The Wealth of Nations.’, Alan…