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Thursday, September 3, 2020
Explication of a Poem Essay Example | Topics and Well Written Essays - 750 words
Explanation of a Poem - Essay Example The principle thought of the sonnet is that the writer considers night to be opportunity, not daytime, which is flighty. arms wide even with the sun, Dance! Spin! Spin! Till the brisk day is finished. Rest at pale night... A tall, thin tree... Late evening coming softly Black like meâ⬠(Hughes, 2010). The thought is that the storyteller might want to spin and turn in this sensation way, and is in this manner shouting out a desire that is futile. The still picture of the tree is a sensation difference to the move. These visual images likewise have figurative importance in the sonnet as individuals of color and white individuals. The thought is that the artist storyteller is outwardly getting through the shows of utilizing light and splendid to mean great, and murkiness to mean wickedness, and requesting that the peruser relate to night. As far as comparison, as noted over, the storyteller recognizes themselves with night just as a tree. ââ¬Å"To throw my arms wide In some spot of the sun, To spin and to move Till the white day is finished. At that point rest at cool night Beneath a tall tree While night goes ahead tenderly, Dark like me-That is my dream!â⬠(Hughes, 2010). The fundamental metaphor is of the dull. as the sun and the night, or night and daytime. Langston Hughes addresses the fundamental inquiry with more inquiries, since this is a Socratic technique for looking for the appropriate responses. As far as whether his perspectives are political and cultural, in the event that one can't state that the creator has the two purposes, the outcome would be towards cultural as opposed to political, since there are no names named, or parties pushed, in Hughesââ¬â¢ work. There were likewise other ground-breaking cultural pundits, who didn't unequivocally include legislative issues in her composition, yet rather pointed towards social concerns. There are numerous likenesses and contrasts between the works. By and large, both would like to accomplish the objective of cultural scrutinize. The most
Saturday, August 22, 2020
Sir Humphrey Davy Essays - Fellows Of The Royal Society, Boron
Sir Humphrey Davy In Chemistry there are numerous significant scientific experts. One is Sir Humphry Davy. Davy was conceived on December 17, 1778 in Penzance, Cornwall, England. He went to school in Penzance and in Truro. In 1794 his dad passed on, to support his family monetarily he found a new line of work as a disciple to a specialist. The specialist's name was J. Binghan Borlarse. In 1797 Davy got inspired by Chemistry. So in 1778 he became director of the Medical Pneumatic Institution of Bristol. This association was dedicated to the investigation of the clinical estimation of various gases, it was here that Davy previously made his notoriety. He found the impacts of nitrous oxide, which is currently known as chuckling gas. Davy inhaled 16 quarts of the gas quickly and turned out to be totally inebriated. He had no clue about that forty after five years it would be utilized as a sedative by dental specialists. Davy's next disclosures were in the field of electrochemistry. He found that on the off chance that he gone power through certain substances then it would disintegrate. This procedure was later called electrolysis. Through electrolysis, Davy in the long run found magnesium, calcium, strontium, and barium in 1808. In 1810 Davy indicated that muriatic or marine corrosive was a compound just of hydrogen and chlorine, and contained no oxygen. Davy additionally made a few advances in Iodine. Davy previously made iodine pentoxide, a dry, unscented, crystalline substance of high thickness in 1815. Davy likewise built up the technique for the disintegration of silicates into silica by treatment with HCI. In 1802, Thomas Wedgwood and Sir Humphry Davy distributed a paper called An Account of a Method of Copying Paintings on Glass, and Making Profiles, by the Agency of heaps of Silver. The photos made by this procedure were transitory. When the negatives were evacuated the photos turned dark. Davy likewise imagined the excavator's wellbeing protective cap. The light on the wellbeing head protector would consume security and light the way in any event, when there was a touchy blend noticeable all around. Davy didn't patent the light. This lead to a bogus case that George Stephenson created it, not Sir Humphry Davy. Davy got the achievement of being knighted only three days before he wedded a rich widow. Her name was Jan Apreece. In 1827, Davy became truly sick. He turned out to be sick in light of breathing in to numerous gases throughout the years. So he moved to Rome to carry on with a quiet life. While living in Rome, he had a coronary episode and passed on May 29, 1829 in Geneva, Switzerland.
Friday, August 21, 2020
The History and Significance of Recitative Quran
Presenting the Quran to some extent or entire (Recitative Quran), shapes an essential piece of the Muslim culture. The writer contends that the oral character of the Quran is distinguishable in each part of the Muslim culture, today as in any past age of the Islamic history.Advertising We will compose a custom paper test on The History and Significance of Recitative Quran explicitly for you for just $16.05 $11/page Learn More The writer calls attention to that the recitative capacity of the Quran has been vital particularly in open ceremony and private reverential existences of Muslims throughout the hundreds of years. This section analyzes the significance of recitative Quran in Muslim shared and individual life. The conversation starts by investigating how Muslims have supported recitative convention: to be specific, the development among Muslims of Quranic recitation as a workmanship and a science in customary Islamic grant and instruction. The part further delineates the individu al and public conditions under which the use of recitative Quran assumes a noteworthy job. The part gives a thorough outline of the history, application and noteworthiness of recitative Quran. Graham takes note of that ââ¬Å"Anyone who has lived in a Muslim society will welcome how much the lilting abstain of Quranic recitation possesses an unmistakable spot in the open circle, framing a noteworthy piece of the sound-related foundation of regular lifeâ⬠(p. 106). Most Muslims stick to customary devotion and endeavor to safeguard the lilting strains of the recited Quran as a noticeable component in the closer view of their lives. Muslims typically recount Quran during open social affairs like love (Salat) and during the blessed month of Ramadhan. Muslims likewise serenade the Quran during ââ¬Ëtilawah and dhikrââ¬â¢ meetings. The above articulation underscores the severe adherence to recitative Quran by Muslims. From birth to death, each activity that a Muslim makes in lif e including merriments will in general be joined by verbally expressed expressions of the sacrosanct Quran as long Quranic entries or unsophisticated Quranic words.Advertising Looking for article on religion philosophy? How about we check whether we can support you! Get your first paper with 15% OFF Learn More A case of a Quranic word can be as simple as ââ¬Ëbasmalahââ¬â¢ (for the sake of God, the lenient, the Compassionate). Longer recitations incorporate expressions like Fatihah, S. 1, which each Muslim knows by heart. A few researchers hold the sentiment that these are not simple words or letters. They are twigs of the consuming bramble; a fire with God (Graham 109). An Islamic researcher, Ghazali, announced that much reiteration forestalls Quranic recitation from seeming old and exhausted to those presenting it. The ground-breaking nearness of musical rhythm of the Quran will in general be prove wherever in customary and present day Muslim society. Retaining of the Quran s tarts right on time during the childhood of kids in schools known as maktab. The learning of probably some piece of the heavenly word is the absolute most regular early learning experience partook in some degree by all Muslims. Maktab structures a huge stage known as the Islamization procedure of Muslims. A maktab instructor once contended that when kids serenade the Quran noisily, they learn it by heart. The educator showed that children of the prophet (youngsters) need the word in their memory so they can rehash it regularly. Also, the educator further asserted that the word ought not be deciphered; this would adjust its significance prompting heresy. A few researchers see Muslims as ââ¬Å"those whose accounts are in their souls while others read them from consecrated volumesâ⬠(Graham 102). To be sure, the centrality of recitative Quran can never be thought little of in any Islamic culture. Muslims see recitative Quran as a holy undertaking which is descendent from the sacr ed prophet Mohammed. The training structures some portion of consecrated conventions carefully saw by Muslims globally.Advertising We will compose a custom exposition test on The History and Significance of Recitative Quran explicitly for you for just $16.05 $11/page Learn More Work Cited Graham, William. Past the Written Word: Oral Aspects of Scripture in the History of Religion. Cambridge: Cambridge University Press, 1987. Print. This exposition on The History and Significance of Recitative Quran was composed and presented by client Katie Conley to help you with your own examinations. You are allowed to utilize it for research and reference purposes so as to compose your own paper; notwithstanding, you should refer to it likewise. You can give your paper here.
Monday, June 8, 2020
Sociology and Family Structure - Free Essay Example
Ricky DeBlasio Dr. Ficco Sociology 101 3 May 2010 Social Changes in Family Desmond Tutu once stated, ââ¬Å"You dont choose your family. They are Gods gift to you, as you are to them. â⬠This statement cannot be truer with regards to my family. Growing up in a close family is something that I will always cherish and something that both my parents were able to do as well. My nuclear family consists of my dad Rick who is 54, my mom Debbie who is 51, my sister Mary Rose who is 17 and me I am 21. We are a very close family, in fact we lived right across the street from one of my uncles and my grandma on my momââ¬â¢s side my whole life. My dadââ¬â¢s parents were at the house almost every day and it is something that I will cherish forever. My grandfather on my momââ¬â¢s side passed away when I was five and the rest of my grandparents passed away last year but I have memories of all them and their efforts made our family very strong and gave us strong ties, cultural herita ge and a love that will always stay with my family. Although I am very close with my dadââ¬â¢s side of the family, I am going to compare my nuclear family with my momââ¬â¢s nuclear family because my dad was an only child and my motherââ¬â¢s side is larger and I have taken more of the customs of my momââ¬â¢s family. My momââ¬â¢s family would be considered a bigger family in todayââ¬â¢s society but in terms of the time, when my mom grew up, her family was considered just a little above the average size family. My Grandmother, Mary and my grandfather, James had six children all together. Rita is the oldest at age 78, then Theresa at age 70, then Jimmy who is deceased and died at age 55, then Anthony who is 65 now, George who is 58 and finally my mother Debbie who is 51. As it can easily be seen there is a large age gap between the oldest and youngest child in the family. Something that is unique about my momââ¬â¢s family is that my Aunt Rita was married befor e my mother was born. In todayââ¬â¢s society that is not usually the case and is something that would have been impossible in my family because there is only a five years age difference between my sister and I. Because my Aunt Rita and Theresa were so much older than my mother, they helped my grandmother a lot by taking care of my mother and as she stated, ââ¬Å"Your Aunt Rita and Aunt Theresa were just like mothers to me, we had a unique relationship because they were so much older than me. This is hard for me to understand because Mary and I are more like friends than anything and we help each other out because we are so close in age. One thing that my parents instilled in my sister and I is a strong connection to our ethnicity and our religion. The reason why is because my grandparents instilled the same thing into them. Every Sunday my parents, my sister and I go to church together at St. Johns Maronite Catholic Church and then we go to lunch together as a family. When my mother was younger she did the same thing with her family. In this sense going to church has been a custom for my mother since she was a child and now it has become a ritual for my sister and I too. Another thing that my grandparents instilled in their children are strong ties to their ethnicity. My grandparents on my momââ¬â¢s side were both full blooded Lebanese. They were proud to be Lebanese and passed that on to their children and their children passed it on to my cousins and my sister and I. Coming from an ethnic home is something that I am proud of because our family is very close and we follow tradition within our culture. It is not unlikely to see my mother and her sisters making Lebanese dishes such as kibbie, grape leaves or lamb, on Sunday afternoons. This is something that my grandmother and her sisters did as well and the tradition has just carried on, also my sister and my female cousins learned how to make these dishes as well so the tradition of cooking will carry on for more generations of our family. My grandfather worked at a steel mill and my grandmother did not have a job, so my motherââ¬â¢s family was in the lower middle class. But with six children it was very tough for them to spend money. It was not uncommon in that time for the mother of a home to not work so it is understandable why my grandmother did not have a job, she had to take care of the children, cook, clean the house and wash cloths, all the stereotypical things a house wife would do. My grandfather made about $40,000 a year, which is a good income but as stated above not enough to live comfortably with six children. Neither my grandmother nor my grandfather had anything above a high school education; in fact my Uncle George and my mother (two youngest siblings) are the only two in the family with a college degree. My grandfather knew the times were changing in the 1960ââ¬â¢s and a college degree would be needed to get a good job and made it a point for m y Uncle George and my mother to attend college although they were forced to commute due to the financial situation. With all this in mind it is time to compare my motherââ¬â¢s family with my own. Both of my parents work, in fact my mother has a larger income than my father. My mother is a principal in the New Castle School District and my father is a Lawrence County Commissioner. Both of my parents have a college degree, my dad has a Bachelorââ¬â¢s degree and my mother has both a Bachelorââ¬â¢s and Masterââ¬â¢s degree, this is interesting compared to my grandparents who did not even attend college. Together my parents make over $150,000 a year, which puts us in the upper middle class. Our financial situation is also made easier because we only have two children in the family compared to six. It is easily seen that intergenerational mobility has occurred; the distinctions in levels of income, occupational status, and education level are very different between the tw o generations. The gender roles in my motherââ¬â¢s family were stereotypical roles for example the men worked, cut the grass and performed outside chores, while the women cooked, cleaned, washed the dishes and did the laundry. My grandfather was a strict parent, my mom and her siblings had a curfew every night and had to perform the household tasks before they could even think about doing something fun. If the curfew was broke or the household tasks were not performed my grandfather would discipline them accordingly, my grandmother was the one who always would let them get away with breaking curfew and not doing the chores. My grandfather was also very particular about dinner, dinner was to be at five oââ¬â¢clock every night and everyone was to sit around the table and eat together. This is an example of socialization because my mother and her siblings became accustomed to it and did the same thing with their families. In my motherââ¬â¢s family, my grandfather was def initely the head authority in the household, which was common for the times my mother grew up in. My family is different than my motherââ¬â¢s family in most of these respects. One thing that is different is the division of labor, no one in my family does any chores around the house because we hire others to do it for us, this is something that spoils us and something that I am not proud of but it is necessary because both of my parents work, my sister is busy with her high school activities and I am only home on the weekends. Another thing that is different is that my mother is more of an authority figure in the household, especially when it comes to my sister and me. My father is more laid back and just tries to explain to my sister and I what the difference is between right and wrong, he does this because thatââ¬â¢s how his mom and dad raised him whereas my mom grounds us or screams to get her point across, which is something she learned from my grandfather. The differenc es in the gender roles of the family deal with how my parents were raised and their occupations. Many traditions and customs have not changed from my grandparentââ¬â¢s generation to mine, customs such as going to church together, cooking and overall closeness will go on in this family for a long time because it is something that was instilled in my sister and I by my parents and we will instill it in our kids as well. But many things have also changed such as family structure, socioeconomic status, education levels, and authority structure. Family structure has changed because my family only has two kids compared to the six kids in my motherââ¬â¢s family. Socioeconomic structure has changed because my parents make more money and both of them work. Both of my parents went to college and received degrees whereas my grandparents only had high school diplomas. My mother is also more of an authoritative figure than my dad because of the difference in how my grandparents raise d my mother and father. It is interesting to look at the family from this prospective and realize that although many things remain the same in a family, many things do change as well.
Sunday, May 17, 2020
Blue Jay Bird Facts (Cyanocitta cristata)
The blue jay (Cyanocitta cristata) is a talkative, colorful bird commonly seen at North American feeders. The species name aptly translates as crested blue chattering bird. Fast Facts: Blue Jay Scientific Name: Cyanocitta cristataCommon Names: Blue jay, jaybirdBasic Animal Group: BirdSize: 9-12 inchesWeight: 2.5-3.5 ouncesLifespan: 7 yearsDiet: OmnivoreHabitat: Central and eastern North AmericaPopulation: StableConservation Status: Least Concern Description Male and female blue jays have similar coloration. The blue jay has black eyes and legs and a black bill. The bird has a white face with blue crest, back, wings, and tail. A U-shaped collar of black feathers runs around the neck to the sides of the head. Wing and tail feathers are barred with black, light blue, and white. As with peacocks, blue jay feathers are actually brown, but appear blue because of light interference from the feather structure. If the feather is crushed, the blue color disappears. Blue jay feathers are brown but appear blue due to light interference. epantha, Getty Images Adult males are slightly larger than females. On average, a blue jay is a medium-size bird measuring 9 to 12 inches in length and weighing between 2.5 and 3.5 ounces. Habitat and Distribution Blue jays live from southern Canada south into Florida and northern Texas. They are found from the East Coast west to the Rocky Mountains. In the western portion of their range, blue jays sometimes hybridize with Stellers jay. Blue jays prefer a forested habitat, but they are highly adaptable. In deforested regions, they continue to thrive in residential areas. Diet Blue jays are omnivorous birds. While they will eat small invertebrates, pet food, meat, and sometimes other bird nestlings and eggs, they usually use their strong bills to crack acorns and other nuts. They also eat seeds, berries, and grains. About 75% of a jays diet consists of vegetable matter. Sometimes blue jays cache their food. Behavior Like crows and other corvids, blue jays are highly intelligent. Captive blue jays can use tools to get food and work latch mechanisms to open their cages. Jays raise and lower their crest feathers as a form of nonverbal communication. They vocalize using a wide range of calls and can mimic the calls of hawks and other birds. Blue jays may mimic hawks to warn of the predators presence or to trick other species, driving them away from food or the nest. Some blue jays migrate, but how they decide when or whether to move south for the winter is not yet understood. Reproduction and Offspring Blue jays are monogamous birds that build nests and rear young together. The birds typically mate between mid-April and July and produce one clutch of eggs per year. Jays build a cup-shaped nest of twigs, feathers, plant matter, and sometimes mud. Near human habitation, they may incorporate cloth, string, and paper. The female lays between 3 and 6 gray- or brown-speckled eggs. The eggs may be buff, pale green, or blue. Both parents may incubate the eggs, but mainly the female broods the eggs while the male brings her food. The eggs hatch after about 16 to 18 days. Both parents feed the young until they fledge, which occurs between 17 and 21 days after hatching. Captive blue jays may live over 26 years. In the wild, they usually live around 7 years. Blue jay eggs are speckled with brown or gray. David Tran, Getty Images Conservation Status The IUCN categorizes the blue jays conservation status as least concern. While deforestation in eastern North America temporarily decreased the species population, blue jays have adapted to urban habitats. Their population has remained stable over the past 40 years. Sources BirdLife International 2016. Cyanocitta cristata. The IUCN Red List of Threatened Species 2016: e.T22705611A94027257. doi:10.2305/IUCN.UK.2016-3.RLTS.T22705611A94027257.enGeorge, Philip Brandt. In: Baughman, Mel M. (ed.) Reference Atlas to the Birds of North America. National Geographic Society, Washington, D.C., p. 279, 2003. ISBN 978-0-7922-3373-2.Jones, Thony B. and Alan C. Kamil. Tool-Making and Tool-Using in the Northern Blue Jay. Science. 180 (4090): 1076ââ¬â1078, 1973. doi:10.1126/science.180.4090.1076Madge, Steve and Hilary Burn. Crows and jays: a guide to the crows, jays and magpies of the world. London: AC Black, 1994. ISBN 978-0-7136-3999-5.Tarvin, K.A. and G.E. Woolfenden. Blue Jay (Cyanocitta cristata). In: Poole, A. Gill, F. (eds.): The Birds of North America. Academy of Natural Sciences, Philadelphia, PA American Ornithologists Union, Washington, DC, 1999.
Wednesday, May 6, 2020
Beauty Is The Quality Of Beauty - 985 Words
Greek Philosopher, Plato, once said: ââ¬Å"Beauty lies in the eye of the beholder.â⬠Everyone has different points of view about what beauty is. Some people may perceive beauty as how someone looks on the outside. Others may see beauty as being confident in your own skin. According to dictionary.com, beauty is the quality in a thing or person that gives intense pleasure to the mind. For me, beauty comes in act of kindness, in nature, and smiling faces. Beauty comes in act of kindness. When I was in tenth grade, I got the opportunity to volunteer at a homeless shelter. So, my Saturday mornings became occupied. My job there was to hand out personal hygiene items after the homeless people have finished their meal that was cooked byâ⬠¦show more contentâ⬠¦As I get in the water, I feel the power of the wave pulling me towards it pushing me further and faster away from the sand into the deep water. I got the opportunity to see a dolphin jump out of the water. I took hours look ing at the horizon. As I stayed there look out into the horizon, the sun has almost set just the tip is left to disappear into the water. The sky changed from blue to yellow and orange to pink and purpl. I got to see the sky go from day to night. As I start walking back I took one last glimpse of the sky I could see the bright and high moon. I could see the horizon with moonlight reflection in the water. It is certainly easy to understand why nature is appealing. Beauty is in nature, but it can also be in smiling faces. When I was in high school, I volunteered to make and hand out food to those who were less fortunate. We first stopped at a shelter where people were sitting either watching television, reading the newspaper, or just sitting and talking to a friend. We walked in and put a box of sandwiches on a table, and started to hand them out. The people were very grateful and said thank you with huge smiles on their faces. Watching those people smile, bite into sandwiches, and dr ink their drink warmed my heart. Their smiles made me smile. Knowing that my time was used to make someoneââ¬â¢s day more hopeful. I began looking forward to SaturdaysShow MoreRelatedBeauty Is The Quality Of Beauty988 Words à |à 4 PagesWhat is Beauty? Greek Philosopher, Plato, once said: ââ¬Å"Beauty lies in the eye of the beholder.â⬠Everyone has different points of view about what beauty is. Some people may perceive beauty as how someone looks on the outside. Others may see beauty as being confident in your own skin. According to dictionary.com, beauty is the quality in a thing or person that gives intense pleasure to the mind. For me, beauty comes in act of kindness, in nature, and smiling faces. Beauty comes inRead MoreQuality Assurance Plan For 4rever Beauty1540 Words à |à 7 PagesQuality Objectives: Running head: Quality Assurance 2 This Quality Assurance Plan for 4REVER beauty been created by its Quality Assurance Team leader in order to help improve its services by improving the market presence of its new 5 products-shape up herbal organic tea, sandalwood, ayur body massage oil, size 90 tablets and herbal shampoo. And to inform employees of the companyââ¬â¢s current statusRead MoreQuality Assurance Plan For 4rever Beauty1533 Words à |à 7 PagesThis Quality Assurance Plan for 4REVER beauty been created by its Quality Assurance Team leader in order to help improve its services by improving the market presence of its new 5 products-shape up herbal organic tea, sandalwood, ayur body massage oil, size 90 tablets and herbal shampoo. And to inform employees of the companyââ¬â¢s current status and direction. 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Plato believed that there was a universal truth. He claimed that there was a perfect form of beauty which was ââ¬Å"imperfectly manifested in what we call beautifulâ⬠(Costandi, 2008). However, he could
Harvard Management Co and Inflation Protected Bonds free essay sample
The Harvard Management Company is an entity wholly owned by Harvard University and it is responsible for managing Harvardââ¬â¢s endowment and pension assets. At the end of the second quarter of 2000, Harvard Management Co. oversaw the management of $19 billion, the majority of it managed internally by Harvardââ¬â¢s investment professionals. The endowmentââ¬â¢s goal is to provide a real return of 6%-7%, of which 4%-5% would be distributed annually to the university and the balance of returns would remain to allow for a real growth rate of spending. As of the second quarter of 2000, Harvard was actively considering creating an allocation to Treasury Inflation Protected Securities (TIPS) in its Policy Portfolio. Harvard believed the portfolio weights should be changed due to changes in capital market assumptions and the rise of TIPS as an institutional-level investment. TIPS Versus Nominal Treasury Bonds Like many institutional portfolios, Harvardââ¬â¢s portfolio contained an 11% target allocation to domestic bonds. We will write a custom essay sample on Harvard Management Co and Inflation Protected Bonds or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Including US Treasury securities as substantial portion of this allocation would allow Harvard to earn a market return on a fixed income instrument without having to worry the credit risk. However, investing in Treasuries carries significant risks such as interest rate risk and inflation risk. Traditional Treasury securities consist of a par value of a bond and a state coupon rate, which is paid semiannually. The payments are fixed throughout the life of the bond, but the real value of the principal at maturity can be significantly different that the beginning of the investment due to inflation, or a loss in the purchasing power of money. Traditional Treasuries do not adjust their principal and interest payments due to changes in the inflation rate. TIPS are different in that their principal value adjusts to increases in the Consumer Price Index (CPI). The CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services. Changes in the CPI are used to assess price changes associated with the cost of living, and it is an indicator of the level of inflation. The coupon payments naturally adjust to inflation since the coupon payment is always based on the inflation adjusted principal of TIPS. Harvard views TIPS as a favorable investment because they would provide an inflation adjusted return, which is a central focus of Harvardââ¬â¢s investment strategy. TIPS will outperform regular Treasuries in an environment where inflation is greater than expected. Expected inflation is measured by the nominal Treasury yield of a given maturity minus the TIPS yield of the same maturity. If real inflation is greater than this expected inflation, then TIPS would end up a higher return than the corresponding nominal Treasury bond. Harvard seeks to add value to its portfolio by protecting part of its fixed income exposure against inflation risk. Comparing Interest Rate Risk and Inflation Risk of TIPS and Nominal Treasuries A rise in real interest rates would drive the price of TIPS down. A rise in real interest rates would imply a rise in nominal rates holding inflation constant or a fall in inflation holding nominal rates constant. A rise in real rates would drive the price of TIPS down just as a rise in rates drives the price of nominal Treasuries down; the present value of the bondââ¬â¢s cash flows would be driven down by higher interest rates. A fall in inflation or outright deflation would lower the expected value of cash flows from a TIPS investment, resulting in lower prices. Additionally, increases in realized inflation will not affect the market value of TIPS, all else equal. This is because markets are forward looking and would have already priced in the increase in the principle value of TIPS. Increases in expected inflation will increase the value of TIPS as investors bid up prices in anticipation of higher realized inflation in the future. In contrast, nominal Treasuries will fall in value as inflation expectations increase. Nominal Treasuries fall in value because investors demand higher yields so that they can earn a return above inflation. As the market perceives inflation risk to be higher, investors will seek the safety of inflation protected securities (TIPS) thus driving their prices higher. Nominal Treasury bond prices fall due to increases in actual inflation, expected inflation, and heightened inflation risk. . The chart below shows the average annual inflation over several decades. As you can see, inflation over the long term has been approximately 3. 24%.
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