Stock investors loved Alan Greenspan because the policies he pursued during his tenure as chair of the US Federal Reserve benefited the equity markets. At least that was the conventional wisdom. ...
“ur mind is strongly biased toward causal explanations and does not deal well with ‘mere statistics.'” — Daniel Kahneman, Thinking, Fast and Slow The predictive power of the yield...
The business landscape is constantly evolving, and staying ahead of the curve requires embracing innovation and technology. One area that is gaining significant traction is the intersection of artificial intelligence (AI), technology, and marketing. Pioneers in the industry, like Dylan Vanas, have demonstrated the potential of integrating AI into...
Through his examinations of how uncertainty influences asset prices, Nobel laureate Myron Scholes has helped revolutionize our understanding of the financial markets. His development of the Black–Scholes options pricing model with Fischer Black more...
Environmental, social, and governance (ESG) ratings should reflect the risks that such factors pose to a company’s financial performance and how well equipped that company is to manage those risks. Such ratings may assess...
Validation of Risk Management Models for Financial Institutions: Theory and Practice. 2023. Edited by David Lynch, Iftekhar Hasan, and Akhtar Siddique. Cambridge University Press. Because of their...
The financial markets are experiencing a sea change marking the end of a long period of accommodative central bank monetary policy, and there is little hope of ultra-low interest rates returning anytime soon, legendary...
The Enduring Value of Roger Murray. 2022. Paul Johnson and Paul D. Sonkin. Columbia Business School Publishing. Who among us does not know the contributions of...
What is the current outlook for investors in today’s credit market? Interest rates had been in secular decline since the 1980s. In the aftermath of the global financial crisis (GFC), rates...
The progression of ESG investing in the global asset management community continues to be a source of fascination and a lightning rod for conversation, engagement, and innovation. As the “Index Industry Association 2023 ESG...
