News That Matters

Tag: shrinking

Shrinking public markets limit the playing field for Main Street investors

Shrinking public markets limit the playing field for Main Street investors

Finance
Today's public markets, which were first designed to fill the capital-raising needs of the 19th century, are out of step with capital formation in the 21st century. It's essential to move the markets forward to provide adequate access to investment opportunity for all, and not just a few, investors. Right now, the average investor has little or no access to where the real action is. Why is this happening? Because the public capital markets continue to shrink in the Western world. In the last 20 years, the U.S. stock market has undergone an alarming ch...
Are your credit card perks shrinking?

Are your credit card perks shrinking?

Finance
Three simple ways to pay off credit card debt Your credit card perks are designed to feel like a gift that keeps on giving. But they are not guaranteed to last. Buried deep in any credit card agreement is something that reads like this: your card issuer has the right to change the benefits and features of these programs at any time with notice. And some banks have already rolled back popular perks, leaving cardholders wondering whether the benefits they signed up for will last. Last month, Chase Sapphire Reserve customers were notified of a series of changes including the discontinuing of price protection, a reduction in the way some points are earned, and a cap on the number of guests included with airport lounge memberships. Earlier this year, Discover eliminated p...
New maps reveal shrinking wilderness around the globe

New maps reveal shrinking wilderness around the globe

Science
Dec. 12 (UPI) -- New maps reveal the scope of the challenge facing wilderness conservationists.As the new maps show, wilderness around the globe is shrinking -- increasingly hemmed in as forests are converted to farmland and development encroaches.Scientists with the Wildlife Conservation Society compiled the maps with the hope that they can assist the work of wildlife managers and conservationists around the world. Researchers published the maps this week in the journal Nature."Despite their importance, wilderness areas are being destroyed at an alarming rate and need urgent protection with almost 10 percent being lost since the early 1990s," James Allan, a doctoral student at Queensland University in Australia, said in a news release. "Their conservation is a global priority."Wilderness ...
The case against shrinking the Fed’s balance-sheet

The case against shrinking the Fed’s balance-sheet

Finance
AS EXPECTED, the Federal Reserve announced on September 20th that it will soon begin reversing the asset purchases it made during and after the financial crisis. From October, America’s central bank will stop reinvesting all of the money it receives when its assets start to mature. As a result, its $ 4.5trn balance-sheet will gradually shrink. However, the Fed did not give any clues as to what the endpoint for the balance-sheet should be. This is an important question. There are strong arguments for keeping the balance-sheet large. In fact, it might be better were the Fed not shedding any assets at all. Most commentators view a large balance-sheet, which is the result of quantitative easing (QE), as an extraordinary economic stimulus. Janet Yellen, the Fed’s chair, seems to agree: at