Stylized quote from an interview with a CTO of a material developer Novaled (Jan Blochwitz-Nimoth) for OLED lighting (in an industry magazine): Dominance of Asian companies in displays leaves little hope for EU to enter this market but existence of European giants (like Philips and Osram) in the lighting market is hopeful because production is still in EU.
Three years into the exchange market's existence, insurers have an incentive to pressure the federal and state exchange regulators with threats to exit the markets to gain leverage when their premium increases are reviewed, or to win favorable treatment on other issues, such as a permanent repeal of an Affordable Care Act tax on their products.
By now it should be obvious even to the most fanatical bulls that the financial world changed in the period from 1998 to 2000, as the powerful U.S. bull market, in existence since the early 1980s, came to an end.
The market's existence depends on purging self-built housing, achieved through state violence enforcing an enclosure of common land.
We have made efforts to market its existence at conferences such as the Health Economists Study Groupp meetings (at Bangor (June 2011) and at Oxford (June 2012)) and at the European Conference on Health Economics (ECHE) meeting at Zurich in July 2012.
Terrified oil markets doubted its existence, and prices rose anyway, to reach $145.
While we cannot eliminate speculation in capital markets, the very existence of practices such as high frequency trading undermines the assertion that investments are primarily about the long-term economic value of the asset.
What is new this time, and could bring much greater pain and more selling pressure in many markets, is the existence of "exploding mortgages," loans with monthly payments that will rise sharply within a year or two.
The literature on equity markets documents the existence of mean reversion and momentum phenomena.
As for the markets themselves, their existence looks set to continue for centuries to come even if technology revolutionises the way we shop.
