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Long-term vs. short-term

May 4, 2015

The last decade has seen large, negative net equity issuance, i.e., more investors and shareholders drawing capital out of companies than putting it in. That might puzzle those who confuse purchasing stock on the secondary market with capital infusion. There is an argument that drawdown is due to short-term focus on share-holder returns. Brookings paper here.

This article about the Iran sanctions explains why the unilateral stance some on the US right want is a fantasy.

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