All eyes are on California this fall as voters decide whether to approve Proposition 50, which would temporarily set aside the state’s nonpartisan citizen redistricting commission and adopt new ...
We assess the efficacy of market-based systemic risk measures that rely on U.S. financial firms’ stock return co-movements with market- or sector-wide returns under stress from 1895 to 2023. Stress ...
The Federal Reserve’s preferred measure of inflation, released Friday, showed that it had risen 2.8% in September from a year ago. The personal consumption expenditures, or PCE, index measures ...
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Ray Dalio spied the dotcom bubble early. “We’re approaching a blow-off phase of the US stockmarket,” said the founder of Bridgewater, one of the world’s biggest hedge funds. Peter Lynch, the ...