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Based upon a Markowitz methodology, this paper considers use of commodities futures as assets to enhance portfolio diversification. A very simplistic methodological approach is chosen to allow various portfolio issues to be highlighted with data from the recent financial crisis. Naïve long-only...
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101 As China exercises greater influence over global economics commensurate with the size of its economy, political discussions of the correct exchange rate for China will demand center stage. Questions about whether China should float the yuan, what the ‘competitive’ exchange rate might be,...
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