Critiques On Wall Street

Essay specific features

 

Issue:

Business

 

Written by:

Anthony C

 

Date added:

March 17, 2012

 

Level:

 

Grade:

A

 

No of pages / words:

3 / 613

 

Was viewed:

5828 times

 

Rating of current essay:

 
Essay content:

Alan Greenspan makes decisions in the S & P, NASDAQ, and DOW Jones markets. Alan Greenspan also approves interest rates, evaluate US currency against all other countries, makes sure the value of the dollar is at the best interest of the economy, decides on economic policies, and among many other things that I have yet to learn...
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I do not understand how rising interest rates will negatively affect corporate profits. One guess might be due to the increase in interest rates, the percentage earned on stocks will decrease. This to me means that the taxes on the stocks will increase. Stockholders will have to pay more taxes on their stocks...
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