Research Zeitgeist: Managing Markets
The headline of last week’s Research Zeitgeist was ” The End of the World as we Know It.” There is indeed a palpable sense that financial markets will never be the same, but still no clear idea of what the new world will look like. This fact is illustrated by the difficulty “Washington” is having in reaching agreement on a plan to stabilize and unfreeze financial markets. It is clear that government will play a much more prominent and active role in the markets and the broader economy. It’s
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