Campbell R. Harvey, Duke University Professor of Finance, finds that elements of this crisis may seem familiar, but it has some important differences.
What will it take to fix the U.S. housing market? Some ideas from 65th CFA Institute Annual Conference speaker Laurie Goodman of Amherst Securities have been gaining popularity.
The global economy is on a tenuous path to recovery "but there is still a huge challenge ahead," says the former adviser to both the U.K. prime minister and HM Treasury.
The S&P 500 could drop by as much as 20%, the euro will fail, and the United States is in permanent decline, he argued.