This paper uses a neoclassical open economy general equilibrium model to determine the effects of the budget deficit and national debt on some key domestic variables while examining the interdependence and repercussion effects between the U.S. economy and the rest of the world. The empirical results show that the budget deficit has a significant effect on both prices and the current account and that the international debt has a similar effect on consumption and saving. Foreign interest rate and foreign real income affect almost every variable in the United States. In the long run, the deficits might have negative effects on the U.S. economy and redistribution effects between generations.

This study examines the diverse methods practitioners of money management use in order to choose stock investments. Practitioners mainly use fundamental analysis and technical analysis. Very few use the Efficient Market Hypothesis as a key method. We emphasize fundamental analysis and the diverse techniques which are subsumed under it. Market timing and industry analysis are two contenders to stock picking, even though, it is possible to have stock picking together with the other two techniques. When we deal with stock picking techniques, we discover they use discounted cash flow, multiples and balance sheet approaches. Additionally, they consider industry forces such as demographics and psychographics.

This study examines how practitioners actually manage money. We surveyed five thousand people asking them whether they use fundamental analysis, or technical analysis, or whether they let the markets do the work for them in an efficiency hypothesis approach. Most of them do not rely on the efficiency view, that is, utilize an index way to investing. The majority, by a wide margin, uses either fundamental, or technical analysis. Furthermore, we asked them whether they follow stock picking, or sector rotation, or market timing. The paper additionally elaborates on the detailed tools the practitioners consider in investing according to the market timing technique.

This study examines the diverse methods practitioners of money management use in order to choose stock investments. The authors discover they use discounted cash flow, multiples, balance sheet approaches. Additionally, they consider industry forces such as demographics and psychographics.