THE IMPACT OF MONETARY EXPANSION ON THE US TELECOMMUNICATIONS SECTOR
Klíčová slova:
Equity Market, Monetary Expansion, Indices, Investment Risk Diversification, Portfolio Investments, Telecommunications, Quantitative EasingAbstrakt
This study focuses on how the current macroeconomic situation influences the telecommunications sector. The analysis suggests that telecommunications indices and thus telecommunications sectors are less influenced by current monetary expansion than is the US equity market as a whole. Also demonstrated is that the influence of the latest economic crisis on the telecommunications industry has been less cyclical than it has been for the stock market as a whole as measured by the S&P 500 US equity index.
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Reference
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York : McGraw-Hill, 1991.pp.129-159. - ISBN 0-07-100756-3.
(2) DOBS R. QE and ultra-low interest rates: Distribution Effects and Risks [Journal]. - New
York : McKinsey Global Institute, 2013. - November 2013. Accessed 19.02, 2014.
http://www.mckinsey.com/insights/economic_studies/qe_and_ultra_low_int
erest_rates_distributional_effects_and_risks
(3) JIANG B., WILLIAMS Z. D.,KOLLER M. T. Mapping decline and recovery across
sectors. McKinsey on Finance (Winter 2009), www.mckinsey.com [Report]. - New York :
McKinsey on Finance, 2009. Accessed 09.07, 2010
http://www.mckinsey.com/insights/corporate_finance/mapping_decline_and_recovery_ac
ross_sectors
(4) STANDARD & POORS DOW JONES GICS 500 Scorecards [Online] //
http://us.spindices.com. - S&P Dow Jones Indeces McGrow Hill Finacial, 09 01, 2014. –
Accessed 09.09, 2014.
http://us.spindices.com/search/?query=GICS&Search=GO&Search=GO.
(5) SKLENÁŘ P. Makro & Markets [Internal Report]. - Praha : J&T Banka a.s., 2013.
(6) SVOBODA V. Influence of the Latest Economic Crisis on the Telecommunication
Industry [Conference] // POSTER 2011- 15th International Student Conference on
Electrical Engineering. - Prague : Czech Technical University, 2011. - ISBN 978-80-553-
0734-3.
(7) YARDENI E., ABOTT J., QUINTANA M. Market Briefing: S&P 500 Forward P/Es
Sectors & Industries [Online] // www.yardeni.com. - Yardeni Research, Inc., 09. 08.
2014. – Accessed 09. 09.2014
http://www.yardeni.com/Pub/mktbriefsppesecind.pdf.
Stahování
Publikováno
2014-12-29
Jak citovat
Svoboda, V. (2014). THE IMPACT OF MONETARY EXPANSION ON THE US TELECOMMUNICATIONS SECTOR. Perner’s Contacts, 9(4), 108–117. Získáno z https://pernerscontacts.upce.cz/index.php/perner/article/view/697
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Copyright (c) 2020 Vratislav Svoboda
Tato práce je licencována pod Mezinárodní licencí Creative Commons Attribution 4.0 .
