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The analysis from O'Neill, of Goldman Sachs, suggests that the problem is not indexing or passive investing per se; he considers indexing to be one of many financial innovations that creates value but can be pushed too far.
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Analysts were expecting the index to be flat.
Analysts had expected the prices paid index to be 60.
But an index, to be useful, needs to be done by a human.
It is not illogical, he said, for European or American stocks indexes to be rallying.
The input file, "caldb.indx", is the index to be validated in conjunction with key config file, "key.conf".conf
Hewlett-Packard, Bank of America and Alcoa will all be removed from the 30-strong index, to be replaced by Goldman Sachs, Visa and Nike.
"We estimate this expanded search index to be more than three times as large as any other search engine.
Section 4 presents the price indexes to be computed.
Bloomberg data estimates average corporate earnings for the MSCI India Index to be over 16%.
Two crystal planes were indexed to be (1 0 0) and (1 1 0) of SnO2.
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