Debt simulator
The lion
share of EPO applications is actually granted { in
our time
window covering the years from 1978 to 1995, the grant rate is
63.5
percent. Only 5.1 percent of the cases are actually explicitly refused
by the
patent examiner, while 27.4 percent are withdrawn by the applicants
themselves
after receiving a su_ciently negative search report or "sceptical"
communication from the examiner
According
to our
dataset, once a patent application has been _led, 4.3 years elapse on
average before a decision is made by the o_ce to grant the patent
The grant
rate varies between 56.5 percent in consumer goods and equipment
(area 29) and 70.8 percent in nuclear engineering (area 9)
Decisions
are taking
particularly
long to reach in the areas of information technology (6.2 years,
area 5),
biotechnology (5.7 years, area 13) and semiconductors (5.6 years,
area 5).
12,384 in
1979 to 101,048 in
2001
For now though Rogers
is playing it safe and avoiding bonds. Instead, he's betting on stagflation by
being long commodities and currencies (such as the Chinese yuan) and shorting
stocks.
Goldman report
http://www.zerohedge.com/news/advance-look-next-week-33-sp-market-cap-reports-earnings
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