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The "Efficient Marke |
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| The 諛팭ficient market hypothesis,?which Wall Street embraced for decades, holds that in a market where everyone has equal access to the same information, rational investors will set stock prices ?and the prices will reflect the generally understood information about the value of those stocks. No one has an unfair advantage ?and no one is supposed to be able to beat the market over the long term. This is the foundation upon which the $1 trillion index-fund industry rests. |
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Moving South |
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| America is on the verge of a great migration that is affecting where people will live and how companies will profit. As futurist Dr. Jim Taylor points out in American Demographics, the U.S. has been the site of two previous major migrations. |
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The End of the "End |
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| People who are spreading fear about the world running out of oil are either trying to distort the markets, or they fail to understand the underlying realities of the business that delivers gasoline to the pumps and petroleum products to nearly every niche in our modern economy. |
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Elder-Care Becomes a |
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| In addition to the retrained older workers who will remain in the workforce, there will also be growing numbers of even older people, in their 80s and 90s, who will no longer be able to work or even care for themselves. |
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Off-Shoring the Back |
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| Let��셲 face it, there��셲 hardly a business topic that��셲 more emotionally charged than off-shoring: the new trend of outsourcing business processes to foreign workers. It is much cheaper to pay people in other countries to do this routine work because they are paid only a small fraction of the salaries that American workers receive. |
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