Aug 31, 2020Why 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...
Aug 24, 2020How Firms Use Pre-IPO Confidentiality to Fend Off LawsuitsA well-intentioned feature of U.S. law helps firms planning initial public offerings (IPOs) maintain confidentiality on their regulatory...
Aug 12, 2020How Fixed-income Portfolios Match or Beat Stocks in the Long RunFixed-income portfolios have performed as well, if not better, than the U.S. stock market in the past five decades, while exhibiting...
Jul 2, 2020Could 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...