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A current account records the flow of goods and services in and out of a country, including tangible goods, service fees, tourism receipts, and money sent directly to other countries either as official aid or family to family. A financial account measures the increase or decrease in a country’s ownership of international assets. The capital

We earlier introduced the idea that PE deploys funds gradually during the first half of a fund’s life and, by construction, exits these investments in the second half of the fund’s life. If the fund is well managed, it will begin experiencing unrealized gains followed by events in which the gains are realized. Leveraged IPOs,

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will

It was characterized by strong earnings growth, low interest rates, and investor optimism. In addition, it was relatively volatile, with several corrections and pullbacks along the way. The technology sector significantly outperformed the broader market during this bull market. Nonetheless, the most common gauge used is a 20% or more rise in stock prices from