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With a lagging real estate market, excess may finally be going out of fashion.
Far worse than in Europe, the US needs a social democratic counterweight to market excess.
But higher rates would damage the rest of the economy, as much as it would tackle market excess.
Perhaps it's time to look for a more appropriate symbol for a worldwide protest movement that has been boosted by public outrage at government failures and market excess.
A bit full, perhaps, but the career of this language-based sculptor is worth telling in detail and, in a time of art market excess, is just what the doctor ordered.
With respect to the questions asked above, Professors Santa-Clara and Valkanov can give a firm answer only to the first: Stock market excess returns have definitely been higher under Democrats than under Republicans.
Similar(50)
One, the United States financial meltdown was mostly a product of market excesses, not those of government.
The insinuation that Fannie and Freddie were primary movers of the housing market excesses of 2004 2006 lacks even superficial merit.
Major steps forward that most accept would mute the market excesses of the coalition's higher education reforms.
He cites corporate greed and market excesses fueled by a flood of foreign cash — "Wall Street got drunk," he has said — and the policies of past administrations.
UBS said a bubble could not be proved conclusively until it bursts, "but recurring patterns of property market excesses are observable in the historical data".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com