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Investment Policy Commentary

Investment Policy Commentary

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Title: Investment Policy Commentary

Essay Details:

Subject: Business

Author: Erin R

Date: October 12, 2014

Level: University

Grade: A

Length: 3 / 692

Essay text:

However, he maintained sufficient liquidity and a period of prosperity followed. There was a minor recession in 1990 related to the first Gulf War and again in 2001 when capital spending and corporate profits took quite a tumble (although consumption did not experience a down quarter). Overall, Chairman Greenspan deserves a lot of credit for maintaining a long period of prosperity with no major interruptions. The financial markets recognized this prosperity in that a major bull market which began in 1982 continued after the crash of 1987 and went on with a strong uptrend until March 2000...

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