CML = CAL for the entire market, assuming everyone has the same mean variance expectations ( E(R), variances, correlations).
CAL is just the CML for individual investors.
CAL and CML both combine the risk free asset with the optimal portfolio, only with CML that optimal portfolio is the market portfolio (tangency point of CML).
Relationship with humal capital & labour market
what is the differences between Industry and Market
different between otc market and orgnized market?
defined as the gap between the home market and a foreign market resulting from the perception and understanding of cultural and business differences.
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
whats good in wet market??????
The capital market offers several advantages. It provides access to long-term funding for businesses, allowing them to undertake investment projects. It also facilitates liquidity for investors, allowing them to buy and sell securities. Additionally, the capital market encourages efficient allocation of resources by pricing securities based on supply and demand.
As of July 2014, the market cap for Clough Global Allocation Fund (GLV) is $161,527,700.88
As of July 2014, the market cap for Guggenheim Credit Allocation Fund (GGM) is $163,210,633.18.
equilibrium is the responsiveness of quantity demand to a change in price.
As of July 2014, the market cap for BlackRock Credit Allocation Income Trust (BTZ) is $1,482,969,692.40.
market failer