Practical analysis for investment professionals

economics


Radical Uncertainty in Finance: Why Modern Finance Keeps Failing

We need to reject the mirage Modern Finance projects on the market and revive a commonsense approach to uncertainty.

Morgan Housel on Greed and Fear, Frugality and Paranoia

“Investing is not the study of finance,” Morgan Housel says. “Investing is the study of how people behave with money.”

Roberto Campos Neto, CFA, on COVID-19, ESG, and an Inclusive Recovery

Central Bank of Brazil governor Roberto Campos Neto, CFA, discusses the monetary policy response to the COVID-19 crisis in an interview with Marg Franklin, CFA.

Marko Papic: Geopolitical Forecasting in Volatile Times

Marko Papic believes investors can prepare for geopolitical events and beat the market while they’re at it.

Radical Uncertainty in Finance: The Origins of Probability Theory

How did modern society succumb to the illusion that uncertainty can be transformed into calculable risks?

Aging and Equities: Selling Stocks for the Long Term

As the population ages, who will be left to buy stocks?

Michael S. Falk, CFA, on Safety Nets, Trampolines, and Opportunity Equality

Michael S. Falk, CFA, discusses entitlement reform, outdated incentives, the lessons of the pandemic, and more.

The Path Ahead: Insights on the Economic Recovery

Despite the shock reverberating through the global economy, equity prices have maintained their upward trajectory. What explains this disconnect?

Republicans or Democrats: Who Is Better for the Economy?

Should we ignore claims that one party or another is better for markets?