US equity markets have turned extremely volatile since June is year. Fears of recession up until a few ago has been overtaken by positive developments or hints of progress in the trade dispute with China. In addition, Brexit and other chaos adds more uncertainties to the global equity markets. Even if the market stabilizes and …
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“Competition is a sin” – John D. Rockefeller The fundamental principle of capitalism is the belief in free markets and competition. In a free market economy, competition is encourage and market participants compete against one another for the benefit of all. In such an economy, the state ensures that no one company monopolies an industry or …
The chart shows the many periods of business expansions in the US since World War II. The current expansion that began during the depths of the GFC in 2009 is one of the longest on record lasting over 100 months. The previous long bull market was during the golden age of hi-tech from 1991 to …
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