Physical capital is the man-made stuff we use to make labor more productive. It may help if you think of factories and machinery. It includes most of the things we use at our jobs, such as computers, cars, trucks, telephones, fax machines, and pens & pencils.

Financial capital is the money we use to buy the physical capital.

Economists use the word "capital" to refer to both physical and financial capital. (Yes, it can be a little confusing. You tell the difference by the context.)

Capital markets, like other markets, can be analyzed using the supply & demand framework.

Capital markets, however, have several distinguishing characteristics.

In (financial) capital markets...

Interest Rates

Interest Rate data from the Federal Reserve Bank of Minneapolis

Rates of Return on Investments

Financial Assets, Markets & Institutions


Educational Community Credit Union

First Union Bank


SunTrust Bank

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