Hillary Clinton’s attack on “quarterly capitalism” and Andy Haldane’s complaint that companies are investing too little and paying shareholders too much have revived an old question on both sides of the Atlantic: is corporate short-termism throttling capital spending and growth?
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Comment
Emerging markets trading close to book value
Prospects for emerging market performance have diminished, although the transition to broad-based economies and a vastly improved income profile holds promise over the long run
Mark Robinson