Are Stock Markets Really Becoming More Short Term?

From Project Syndicate RSS-Feed Thu Feb 21 2013, 15:50:05

Investors' rapid moves from one sector to another, it is argued, press managers to pay too much attention to immediate financial results. But, even if managers focus excessively on quarterly results, and even if median stock-holding periods have decreased, it is difficult to know whether stock-market trading has become more rapid.

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