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US Equity Market

Equity closed-end funds more popular

The equity market is evolving

Between December 2003 and December 2005, assets of closed-end funds increased 29%.

In 2003, assets of equity funds made up only 24% of the assets of closed-end funds.

This increased to 32% in 2004 and 38% in 2005.

Featured articles on inside pages

Stock buybacks

The Stock Buyback Era evaluated

The buyback era began when the SEC allowed issuers to manipulate prices to give value to executive options. Stock buybacks since 1982, in 2008 dollars, total $5.77 trillion. More ...

Securities Analysis

Managing complexity

Modern capital markets have become so complex that security analysis methods of the 1930s are no longer adequate. Complexity goes beyond financial data to collateral issues such as operations, foreign and domestic taxation, and structural risks. More ...

US Politics

President Obama's Lincoln moment

In mid 2009, Barack Obama found that Lincoln's saying, "You can't fool all of the people all of the time," applied to his presidency. Profligate spending and unpopular health reform ended Obama's honeymoon. More ...

US equities

Sarbanes-Oxley and the shortage of equities

The Sarbanes-Oxley Act of 2002, by discouraging companies to go public, will exacerbate the shortage of equities, with a negative effect on the US stock market, although this was not the intent of its authors. Poorly drafted, ill-conceived, and unfair this law does little to protect investors.
More ...

US Bonds

Bond demand exceeds supply for a decade

Over the decade, 1995-2004, the demand for US bonds of all types has surpassed new bond issues in eight of the last ten years. This is the reason that bond prices have held firm, even in 2003, when net new issues reached almost $1.8 trillion. More ...

World Economy

Signs of US losing its groove?

Thirty years ago, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This year, or the next, this foreign income surplus may disappear forever. Is the US 'losing its groove'? More ...

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Capital Flow Watch has hundreds of articles on economics and investments.

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Stock Quotes

DJIA12380.05  chart -0.24%
NASDAQ2780.42  chart -0.56%
S&P 5001328.17  chart -0.40%

Ftse 1006055.75  chart +0.81%
Dax7217.02  chart +0.53%
Cac 404061.91  chart +0.83%

Nikkei 2259768.08  chart +1.85%
Hang Seng Index24396.07  chart +0.47%
Straits Times Ind3187.31  chart +0.49%

Eur To Usd1.45  chartN/A
Usd To Jpy84.75  chartN/A
Gbp To Usd1.64  chartN/A

2011-04-08 16:03