Yossi Kreinin

A member of the Philip Greenspun's Homepage community since December 26, 2015

If you were to log in, you'd be able to get more information on your fellow community member.

December 26, 2015, on Economy Recovery Plan:
A recurring theme in the document is the need to convince investors to make investments in the US. 7 years after the document is written, US stock prices have soared, corporate bond yields have reached unprecedented lows, and still, I've been recently advised to invest heavily in the US because other options (Europe, Japan, emerging markets) are significantly worse. It looks like the US turned out very competitive in terms of attracting investment capital, without implementing most of the changes proposed in the document. Perhaps the explanation is that it's been helped by the way competing economies are run. Then there's QE...