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The primary mistake many make with the Economic Confidence Model (ECM) is assuming it should be a perfect model for the stock market, gold, or some other market. It is a global model and does not track any individual market. It is tracking the phenomenon of international capital flows. There is a shift back and forth between PUBLIC and PRIVATE ...
“The Rediscovery of the Business Cycle – is a sign of the times. Not much more than a decade ago, in what now seems a more innocent age, the ‘New Economics’ had become orthodoxy. Its basic tenet, repeated in similar words in speech after speech, in article ...
Aigina is an island not far off the cost of Athens between the Peloponnese and Attica. The Aiginetic standard was based on a silver didrachm-stater which weighed approximately 12 grammes. It was this standard from the island of Aigina, which spread initially to the Peloponnese, central Greece and the Aegean islands all the way down to Crete ...
This suggests that when a new low in the Nikkei 225 unfolds, we will most likely see a reaction high in the JBGs simultaneously. The capital markets are effectively bringing and end to the deflationary trend in Japan that will then be followed by an inflationary trend that will peak in 1998. April 10, 1995.
2017年11月16日 · The painting was sold by the family trust of the Russian billionaire collector Dmitry E Rybolovlev, who is reported to have bought it in a private sale in May 2013 for $127.5m. So that’s a pretty good profit. It is the highest auction price ever paid for any work of art. There are fewer than 20 of Leonardo paintings in existence.
The 1987 Crash came precisely to the day on our Economic Confidence Model 1987.8 (365 x .8 = 292 days = October 19th, 1987). The dominos were set up by Paul Volcker who raised interest rates to stop inflation going into 1981. However, raising the discount rate to 14% dramatically increased the amount of money the US paid on its national debt.
Cyrus became ruler of the Persian district of Anshan in 558 BC, which was subject to the Medes. About 553 BC, Cyrus led a rebellion against the Medes capturing King Astyages (584-c. 550 BC) and the overthrew the Median Empire itself in 550 BC. Cyrus then called himself King of Persia, which was a territory that extended from the Halys River in ...
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