My analysis of finances, ETFs, and history.
Dec. 7, 2017
Community bankers manage a small share of the banking system; nevertheless, they provide valuable services to farmers, consumers, and small business owners. Joe Ricketts, the founder of TD Ameritrade, thinks that community banks prosper with less regulation. They will provide entrepreneurial capital--leading to more jobs, improving the economy. Since well-run community banks provide unique products and services, continuation appears certain with probable help coming soon in the form of relief from regulatory overkill by Dodd-Frank regulations of capital requirements and mortgages. The following sections will review research findings under the general themes of descriptions, characteristics, and outcomes.
Dec. 13, 2016
CDSs are aimed at insuring their holders against defaults by the borrowers. The risk of default is transferred from the holder of the debt instrument to the seller of the CDS.
Dec. 9, 2016
Americans now owe more on student loans than on credit cards. The total surpasses $1 trillion dollars with nearly 40% of those between the ages of 20 and 40 have student debt
Nov. 16, 2016
U.S. policymakers should enact what kind of trade policies without unduly lessening free trade’s contribution to economic growth? The candidates heatedly debate issues about global trade including the Trans-Pacific Partnership (TPP), NAFTA and domestic tariffs.
Dec. 18, 2015
Limited partners are not always rewarded with abnormal returns in private equity deals. Frequently general partners can charge substantial fees leading to net losses overtime. This leaves a burden on investors to know what is in a PE agreement before investing.
Oct. 23, 2015
ETFs exhibited some favorable attributes compared to the CEFs and matched equities. For example, ETFs had lower transaction costs and lower risks than equity CEFs, and much lower risks than matched stocks based on dividend yield and various transaction cost measures.
Oct. 19, 2015
Activism in companies by hedge fund investors creates value for the shareholders of a corporation.
July 19, 2015
Should investors bundle the components of financial management services? We discuss the merits of hiring advisors with specialized knowledge of more than one service domain.
July 12, 2015
Competition among etfs and mutual funds can be improved. It is noted that when mutual funds and etfs follow the same indexes returns are indistinguishable.
July 12, 2015
Investors should take caution with some exchange traded funds, ETFs.
July 12, 2015
Since ETFs are derivative securities, their sponsors have distinct choices to make about the selection of the underlying indexes upon which to base theirl ETFs
July 12, 2015
Momentum and Contrarian strategies constitute anomalies used by investors seeking abnormal returns. Abnormal returns range from 8.4 to 13.5 percent over 4 to 39 week holding periods.
July 12, 2015
Research verifies the existence of commonality in the mispricing of U.S ETFs