Financial issues

So, how did investment into the stock markets of different countries perform historically? Table I.2 describes the performance of various MSCI stock market returns over the last 35 years and over the last 20 years. It also shows the performance of two more global indexes, one being the equal-weighted index of the preceding 14 countries [...]

Forward exchange rates are exactly determined by interest rates through an arbitrage condition. But there is a deeper question here: why is the interest rate in euros higher than the interest rate in U.S. dollars? Economists are not sure, and here is why. The most important question is whether purchasing  power parity (PPP) holds. The [...]