Nasdaq Interview with Eric Shamilov and Dave Gedeon, Head of Research and Product Development, Nasdaq Global Information Services.
The December 2015 rate hike was the first since the 2008 global meltdown. Now the Fed is hinting at the first rate hike of the year to come in December 2016.
Although generic drugs are the same as branded drugs in terms of the medicinal effect, their prices are extremely low compared to the branded products.
Clinton and Trump are both in favor of allowing Medicare to negotiate lower prices for prescription drugs with pharmaceutical companies.
While Clinton aims to retain and bolster the Affordable Care Act, Trump wants to replace it with a new act that encourages free-market competition.
Hillary Clinton and Donald Trump showed an intent to keep drug prices at an affordable level. Clinton aims to bolster and maintain the Affordable Care Act.
The rising costs of prescription drugs attracted attention to generic drugs. It helped reduce medicine costs. Generic drugs are equivalent to branded drugs.
One of the key features of Japan’s new monetary policy framework is its inflation-overshooting commitment.
The Bank of Japan will set two interest rates: a short-term policy rate and an operating target for long-term interest rates. These rates will serve as guidelines for market operations.
Maintaining confidence is key to raising inflation expectations, and the Bank of Japan intends to control the yield curve in order to guide inflation expectations.
Along with the negative interest rate policy introduced in January 2016, the Bank of Japan was able to push down the yield curve in its entirety.
Kuroda pointed out that due to global headwinds, inflation in Japan took a hit from the sharp decline in crude oil prices and the slowdown in China.
As Kuroda pointed out, the primary reason inflation hasn’t risen in Japan is what he calls the deflationary mindset—the view that prices will not rise.
According to Kuroda, “Japan’s economic activity and prices, as well as financial conditions, have improved substantially, and Japan’s economy is no longer in deflation.”
Haruhiko Kuroda gave a new theme to Japan’s monetary policy in a September 21, 2016, meeting, focusing on yield curve and monetary accommodation.
Assessment of climate risks should be done at an industry sector level to optimize climate risk opportunities.
With a spike in global temperatures, many countries signed the Paris Agreement in December 2015. This agreement is intended to limit global warming.
You historically can’t get a high level of yield from relatively safe fixed income investments.
Japan is the largest accessible bond market in Asia (source: Barclays Multiverse Index as of 7/29/16), but the problem is the yields for many local bonds are negative.
Considering that a significant proportion of 21st Century Fox’s earnings come from its international operations, exchange rate fluctuations have a strong impact on the company’s earnings.