E-Business and The New Economy
"But markets also react to macro-economic conditions, and to policy decisions—or to their anticipation. Or to the disparity between the anticipation and the actual event. Markets react as well on the basis of non-economic criteria. These are influenced by what I call informationTurbulences from various sources, such as political uncertainty... technological anticipations... or even personal moods or statements from key decision-makers..."
Read more about this topic: The Internet Galaxy
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)