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Commentary - Book Report/Review Example

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The two winners of the award were Alvin Roth and Lloyd Shapley. The theory that the economists used to win the award was matching theory. It is amazing to me that Shapley at the age of 89 still…
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Download file to see previous pages... ahoo.com/news/fiscal-cliff-may-bigger-threat-191938563.html;_ylc=X3oDMTNuY2xnb2diBF9TAzExODMzMDAyMjYEYWN0A21haWxfY2IEY3QDYQRpbnRsA3VzBGxhbmcDZW4tVVMEcGtnAzkwMjcxYjE2LTg3NDAtM2NhNy1iNWI0LTMwMTkxOTY3YmI3ZgRzZWMDbWl0X3NoYXJlBHNsawNtYWlsBHRlc3QD;_ylv=3
The Wall Street community is worried that the impact of the bad economy could be worse than what many people predicted which could hurt investors nationwide. The looming tax increases and spending cuts that the Federal government has implemented could send the economy into a deep recession. The person most responsible for the fiscal situation of the country is the head of the Federal Reserve, Ben Bernanke. The author of the article believes that investors are acting too overconfident in the ability of the government to find a solution to its current fiscal situation. It is estimated that 72% of investors have not considered the ramifications that a bad economy will have on their investment.
URL: http://finance.yahoo.com/news/world-close-recession-stanley-fischer-110931449.html;_ylc=X3oDMTNuNzRvaXZrBF9TAzExODMzMDAyMjYEYWN0A21haWxfY2IEY3QDYQRpbnRsA3VzBGxhbmcDZW4tVVMEcGtnA2FiNmI5OGI4LWZkYzEtM2ZlMy05NWU2LTAzMDEwOTdlMzliMwRzZWMDbWl0X3NoYXJlBHNsawNtYWlsBHRlc3QD;_ylv=3
According to the head of the Bank of Israel the world is very close to a global recession once again. Recently there has been a small improvement in the confidence of people in the economy which might delay the inevitable recession. Despite the bad projected outlook for the economy the stock markets are up. Some of the reasons for the good performance in the stock market are the U.S. Q3 economic results and the new policies of ECB. Uncertainties in the U.S. fiscal policies and tensions in the Middle East have had an adverse effect on the economy.
During the first week of November the pound currency strengthen against the Euro for the second consecutive week. There have been signs of improvement in the United Kingdom economy. The Sterling in comparison to the ...Download file to see next pagesRead More
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