Morgan Stanley Asia-Pacific Fund, Inc. (the Fund), is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian Pacific governments or governmental entities. Its portfolio includes common stocks, warrants, and short-term investments, including repurchase agreements. ...
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Federal Reserve reduces the interest rate by another key quarter point to the target range of 1.75%-2% in September 2019. In accordance with the Federal Res
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The Phillips curve becomes the Phillips cloud with no inexorable trade-off between inflation and unemployment. Stanford finance professor John Cochrane disa