• What factors should be considered when analyzing the outlook for a foreign economy and its stock and bond market?
• What is the asset allocation procedure for a global portfolio?
• For a world asset allocation, what is meant by normal weighting, underweighting, and overweighting?
• How do we apply the dividend discount model (DDM) to the valuation of the aggregate stock market?
• What would be the prevailing value of the market as represented by the S&P Industrials Index based upon the reduced form DDM?