Trade Protectionism: A Balancing (of Payments) Act
Photo by chungking “The more troublous the times, the worse does a laissez-faire system work.” – John Maynard Keynes National Liberal Club lecture (December 1923) Although John Maynard Keynes, arguably the most famous economist in the history of the world, died more...
Fundamentals Will Trump Bullish Sentiment Over The Long-Term
Photo by Gajus “Get the fundamentals down and the level of everything you do will rise.” – Michael Jordan The stock market has been ripping upwards ever since the U.S. election on November 9th, with investors pouring more than $100 billion into U.S. equity ETFs during...
Behavioral Finance 101
Photo by sveta Behavioral finance combines psychology and economics to explain how investors act. Instead of assuming that people (e.g., investors) always make rational financial decisions, behavioral finance proponents argue that behavioral biases strongly influence...