Word: financees
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It also doesn't take a detective to find Fielmann shops, which number 536 in Germany - and counting. The Hamburg-based company sees the downturn as a chance to press home its dominance by expanding and squeezing out stumbling rivals. Fielmann, which also operates in Austria, Switzerland, the Netherlands and...
Finance scholars also bolted a third plank onto Smith's two reasons this was so and would continue to be: stocks were riskier than bonds, and stock investors were thus being paid a premium for taking on that additional risk.
In 1994 came the most influential of the stocks-vs.-bonds studies yet, Jeremy Siegel's Stocks for the Long Run. The book, which laid out the records of stocks and bonds going back to 1802 and found stocks winning by a mile for almost every 30-year period over...
Sure, there are some market seers convinced that Siegel and his work will eventually be consigned to the dustbin of history--because they think the U.S. economy has entered into an inexorable decline. But among Siegel's fellow finance wonks, the debate isn't about his basic premise. It's...
In April, Robert Arnott--a veteran money manager from Southern California and former editor of the finance wonks' bible, the Financial Analysts Journal--penned a much discussed article for something called the Journal of Indexes. Arnott pointed out that while stocks still beat bonds over the long, long run, they...