risk management
Why are publicly traded companies so often blindsided by FX volatility?
To navigate the storms of interest rate variability, we need foresight and flexibility.
How can the 1815 eruption of Mount Tambora inform investors today?
Fitch Ratings' US credit downgrade highlights a latent principal–agent problem in modern financial markets: Investors have outsourced much of their risk management to the rating agencies.
Most investment products simply provide exposure to the stock market in complicated wrappers.
The predictive power of the yield curve is a widely accepted causal narrative. But the history shows that the causal correlation between long and short rates is actually quite weak.
“I'm not saying that interest rates are going to go back up. I just think they're done coming down,” Howard Marks, CFA, told Marg Franklin, CFA. "And if that's true, I think we're in a different environment."
To understand risk for portfolio optimization purposes, we need to consider regret.
What are the strengths, limitations, and nuances of presidential election cycle theory and what does the current political context foretell regarding whether 2023 will follow the predicted trend?
How can the two primary stakeholders in project finance best allocate interest rate risk?