Nice summary of why US financial markets are probably not myopic.
http://www.newyorker.com/magazine/2015/08/24/the-short-termism-myth
HT: Newmark's Door.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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