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"Inflation is key for real assets.
They may thus, say the three economists, have been buying in order to exchange over-valued equity for real assets.
America Online's bumpy experience last week suggests that high-tech executives wishing to capitalize on inflated shares to shop for real assets may be trapped in a paradox.
Christie's, a private firm, does not release its numbers.Perhaps art sales will continue to boom as economic confidence returns and, if the rumours are true, those Russian billionaires who prefer buying art to soccer clubs continue to exchange ill-gotten cash for real assets.
So, we think there's a place in clients' portfolios for real assets and commodities.
Immigrant preference for real assets over financial assets has also been observed in Australia by Cobb-Clark and Hildebrand (2009).
Similar(52)
A banking system capable of satisfying the huge increase in credit demand from households and firms, in a context of very low real interest rates, excessive optimism about growth, and lax facilities for using real assets as loan collateral, thus creating the landscape for financial instability when these real assets lost value.
Wikinvest, which currently tracks over tracks more than thirty billion dollars in real assets for its users, expects that the iPad app will be popular among users.
With his base dispirited, Obama's only real assets for now, in the absence of global state of emergency, are the cartoon-like Republicans who shrilly denounce him and each other.
My brother works for himself and has no real assets and my sister is in a minimum-wage job.
But it's getting real assets in return for the cash it hands out.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com