The rise of inversions may say as much about the lack of opportunities for growth that companies see as it does about the burdensome US tax code or the cleverness of investment bankers and accountants. Read more
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Earlier this month, newly elected Indian Prime Minister Narendra Modi’s administration delivered its first budget. This bears serious attention as the budget is a good indication of the government’s focus and prioritization over the remainder of fiscal 2014 and the entire fiscal 2015. Read more
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It has been an eventful couple of weeks. S&P 500 is marching on to the tune of 2,000. Or should we make that iTunes? Apple reported second quarter results this week, and the iPhone was all the rage, especially in BRIC countries. Read more
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A new technique called direct alpha may overcome key problems with some typically used private equity benchmarking methodologies. Read more
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In the second part of our interview with Nobel laureate Robert Engle, he discusses the application of ARCH models in high-frequency trading and how he thinks risk models should be applied in portfolio management. Read more
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Walter A. Friedman tells the captivating story of some pioneers of what many still call the “black art” of economic forecasting and credits them with inspiring succeeding generations of forecasters who may or may not have raised the art to a science. Read more
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Why have financial bubbles happened more frequently in the past three decades? With economists and policymakers unable to find satisfactory answers, investors must find ways of guarding portfolios against bubble risk, as investment strategist Nicholas Sargen explains. Read more
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Nobel laureate Robert Engle discusses the development of the ARCH model, the global financial crisis, systemic risk, and forecasting liquidity with ARCH models. Read more
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The authors build various versions of a wide range of models from modern capital market theory and asset pricing theory. Using the book’s formulas and algorithms, professionals with a deep background in economics and econometrics could soon be devising their own new models. Read more
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