November 2012
Ian McDonald of the University of Melbourne has assembled an enlightening and diverse collection of 24 articles — featuring surveys, theoretical modeling, and empirical testing — that explore psychology and behavioral economics in shedding light on intervention versus free-market solutions following the recent global financial crisis. Read more
Leave a CommentIn a poll conducted earlier this week in the CFA Institute Financial NewsBrief, we asked professional investors whether the Bank of Japan can overcome persistent deflation by engineering mild inflation. Read more
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What does the word “influence” mean to you? Businesses are increasingly moving towards flat and/or matrix organizational structures and valuing and encouraging collaboration and interdependencies across work groups. The ability to influence in all directions and across all types of relationships is also likewise becoming increasingly important. In this brave new world, influence doesn’t simply mean achieving a specific outcome you desire but rather collaborating effectively with and leading others collectively towards commitment, outcomes, and change. Read more
3 CommentsLacy H. Hunt examines research that demonstrates how current levels of first world debt threaten to cause an economic catastrophe unless action is taken soon. Read more
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Can applying insights from behavioral finance help investment managers (and clients) overcome decision fatigue and avoid self-inflicted wounds to their portfolios? The latest issue of CFA Institute Magazine looks at how managers are trying to cope with this challenge. Read more
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Mutual funds typically keep their methodology close to their vest, but at the recent CFA Institute Fixed Income Management 2012 conference, the co-president of Dodge & Cox Funds, Dana M. Emery, CFA, described in detail how she and the members of her famed research team conduct fundamental analysis of credit markets. Read more
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Last week Fed Chairman Ben Bernanke once again warned Congress about the impending fiscal cliff. To be sure, there are a lot of perspectives on this issue and many players weighing in. We’ve rounded up highlights from the multitude of opinions on Capital Hill and Wall Street. Read more
2 CommentsPaul Smith, CFA, managing director of the APAC region at CFA Institute, appeared on CNBC’s Squawk Box Tuesday to discuss new trends emerging in the financial services industry. Read more
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The authors point out some troubling aspects of the US stock market resulting from its radical transformation over the past 15 years, culminating in the Flash Crash and the unintended consequences of reforms meant to increase market competition. They propose a few very specific rule changes as remedies. Read more
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