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Infrastructure investment is making the Caribbean nation a year-round port of call. This article appears in the July/August issue of Global Finance Magazine. The government of the Dominican Republic is working to modernize its infrastructure, as a way to capitalize on the island’s robust growth in tourism and cement its position as a year-round destination….
We thank Ben Fraser and Jade Peng for excellent research assistance. The authors receive research support only from our respective Universities and have no financial relationships or potential conflicts of interest as relates to this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National…
For these CFOs, summer is where the year is won or lost. This article appears in the July/August issue of Global Finance Magazine. Every spring, airlines, cruise lines, travel booking platforms, golf tour operators, race promoters and other seasonal businesses begin trying to answer the question that will define much of their year: How is…
Pershing Square Capital Management, run by founder Bill Ackman, is very selective about the stocks it decides to invest in. Compared to most hedge funds, Ackman and Pershing Square hold very few stocks — only about a dozen, according to the latest first-quarter 13F filing. One that he has held for almost 12 years now…
Japan household spending falls for seventh month, clouding BOJ rate path !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
In most contexts, $750,000 is a lot of money. It could pay off most mortgages or vastly improve your quality of life. But when you’re talking about retirement, that same sum can seem inadequate, especially if you expect your retirement to last 30 years or more. If that’s all you have in savings, you might…