速度: 2’31’’(327) The author thinks U.S. economic is largely optimistic. It’s not just data (lower unemployment rates…) are compelling, it’s the economic in face of the dysfunction of government, rising oil price.. U.S. economic should rebalance … before a robust recovery…
2’01’’(264) The global executives and global investors think that China and India still lack a system to have an advanced economy. Reforms are needed. Europe is a different story. European countries have not developed their welfare system to a sustainable mechanism. The Euro crisis is not only a banking crisis, but also the sovereign debts crisis. My optimistic on U.S. economy is not based on others’ woes. We confess that we are too hurry, too…. for a real growth… “There is too much capacity , and compensation is way too high.”
2’19’’(289) The head executive of Citigroup… turn bail-out banks into solvency… American banks will soon have the same fate. I do not think this can change the culture of Wall Street. But the large costs of money will tame them a while.. Conservative… said they are going to collapse the big banks.. American health care system is in great need of reforms…
剩余: 3’16’’(444) The ideas of reforms have been kicking several years ago. Big firms invest big money to develop system and.. private firms.. significant bet to get on the floor. The goal is to save money and increase productivity… The education system of U.S. will be reforms too..
1’47’’(245) No matter who win the president, the U.S. economy will rise in the next four years.
2’41’’(324) There are many positive signs for economic growth.. Maybe we can deal the deficit without hurt the growth too much.
剩余部分: 5’14’’(1016) Americans need a broke house-financing system…R said the Obama’s policy is heading the America in the wrong direction. Obama said Romney ‘s policy is not right… e.g. lower taxes on all Americans, including the wealthier.. The president is facing a more good economic shape than that of 4 years ago. There won’t be a noticeable effect on economy whether who will be the president.
越障: 6’48’’(952) Main idea: A paper to explore risks of nominal governmental bonds. Author’s attitude: Neutral Structure: >>Whether the nominal bonds are risky bonds or safety bonds? The nominal bonds perform well in 2008.. but not well in 1980s.. Many alternative measures of asset-risk are available… This paper is to explore changes in risks of nominal bonds. >>Focus on comovement between nominal bond returns and aggregate bonds returns… Figure 1 shows… Figure 2 shows… >>This paper makes three contributions: (1) We add the time varies in the covariance of inflation and real estate rates.. To see changes of nominal bonds over times; (2) We estimate the parameters of model using postwar U.S. time series…. (3) Use estimated model to describe how stock-market covariance of bonds altered the risks.. and shape…
This paper aims to discover the risk of nominal government bond overtime. Unlike othermeasurement, this paper concentrates on comovement. Figure 1 isabout realized beta. Beta has high frequency variations but low frequency movements. Figure 2 isabout comovement between inflation shocks and stock price. TIPS… Interestrates can affect nominal bonds’ risks. This paperhas three contributions. Firstly, it provides a model. Secondly, it estimatethe parameters of the model. Thirdly… The organizationof the paper….