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    Sound, Rational Analysis > Blind Ideology

    Story SourceBR: One of the things I frequently discuss in these pages is the importance of having an objective, defendable process, including an awareness of one’s own biases and cognitive errors. This applies to just about anything, but it is especially important for those of us who engage in analytical pursuit of complex issues. Whether you perform economic analysis, portfolio […]

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    Do core and transitory volatilities matter for the economy?

    Story SourceDo core and transitory volatilities matter for the economy?Jeremy Chiu, Richard Harris and Evarist StojaBank Underground 19 May 2017 · 11:00 am Financial market shocks: do they matter for the economy? Financial markets are intrinsically volatile, constantly fluctuating in response to a wide variety of news. Often, these shocks to volatility are short-lived, perhaps […]

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    The Missing Boomerang Buyers

    Story SourceThe Missing Boomerang Buyers Jessie Romero Federal Reserve Bank of Richmond, First Quarter 2017 Does it matter whether those who lost their homes during the crisis come back to the housing market? In July 2006, the Mortgage Insurance Companies of America, a now-defunct trade group, sent a letter to the Federal Reserve and other […]

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    MIB: Bill Sharpe on Pricing and Risk

    Story SourceThis week on our Masters in Business radio podcast, we sit down with William F. Sharpe, winner of the 1990 Sveriges Riksbank Prize in Economic Sciences (aka Nobel Prize for economics) who created the Capital Asset Pricing Model, and a method for calculating risk-adjusted return that has become known as the Sharpe Ratio. Sharpe describes some […]

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    BMW Concept 8 Series

    Story SourceI don’t fall in love easily, but this beauty has me swooning. Theoretically, this is the basis for the new 2018 BWM 8 series. It is not supposed to be merely a design exercise or concept car, but the new flagship, and some variant of this will be available for sale next year. We will […]