| CAO CODE: MH401
An economy is only as strong as its financial sector. This sector channels funds from lenders to borrowers. It is made up of hedgers and speculators, big investors and small savers, risk lovers and risk haters, innovators and regulators. It designs financial instruments to improve the efficiency of the financial market. It allocates assets to green, growth, ethical, domestic, and international portfolios. It makes markets. It prices risk. It determines the values of currencies, stocks and bonds. It securitizes mortgages, auto and credit card debt. It provides the lifeblood of the economy. |
