FINANCE

What’s Wrong with the IPO Process and How to Fix It

While DoorDash and Airbnb successfully completed their much-anticipated IPOs this past week, there has been a lot of scrutiny on how thes...

Jeremy Siegel: What’s Ahead for the Stock Market?

The U.S. stock market is likely to continue its strong cadence well into 2021, with “a good election” and encouraging signs that a COVID-...

Why ESG Investors Are Happy to Settle for Lower Returns

If money talks, then investors could surely prod corporations to espouse environmental, social and governance or ESG aspects in how they ...

How to Beat Analysts and the Stock Market with Machine Learning

Analyst expectations of firms’ earnings are on average biased upwards, and that bias varies over time and stocks, according to new resear...

Why Higher Income Taxes Incentivize Insider Trading

Profits from insider trading are a means for executives at publicly held U.S. companies to offset changes in income taxes at the cost of ...

Why Is the Stock Market So Strong When the Economy Is Weak?

The continuing strength of the stock market even as the coronavirus pandemic batters the U.S. economy has baffled many observers. The Dow...

How Firms Use Pre-IPO Confidentiality to Fend Off Lawsuits

A well-intentioned feature of U.S. law helps firms planning initial public offerings (IPOs) maintain confidentiality on their regulatory ...

How Fixed-income Portfolios Match or Beat Stocks in the Long Run

Fixed-income portfolios have performed as well, if not better, than the U.S. stock market in the past five decades, while exhibiting simi...

Could Quantitative Finance Help Avert Future Market Crashes?

The Dow shed 37% in less than six weeks after mid-February as the severity of the coronavirus pandemic sank in. It has since recovered so...

Oil Price Shock: What It Means for Producers and Consumers

With drastic declines in consumer demand, the coronavirus pandemic has created a difficult new world for the oil industry. On April 20, p...

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