Articles About Fixed-income Securities
- Author:
- Tom Silva
- Posted:
- 09.03.2009
The Rich Still Are Different
The wealth of the world’s high-net-worth individuals (HNWIs) declined by nearly one fifth last year to $33 trillion, according to the 2009 World Wealth Report from Merrill Lynch and Capgemini. A HNWI has at least $1 million of assets besides a primary residence, its contents and collectible items. In 2008, the number of HNWIs fell […]
- Author:
- Tom Silva
- Posted:
- 05.21.2009
“The Giant Pool of Money”
$70 trillion dollars. That’s all the money in the world, or to get technical, the subset of global savings known as fixed-income securities. And it almost doubled from $36 trillion in just six years. How did this happen? The Federal Reserve presided over the creation of what we have learned (the hard way) is a […]