End of the Road? Impact of Interest Rate Changes on the Automobile Market
Can Investors Use Momentum to Beat the U.S. Treasury Market?
Decades of research have produced a library on the “momentum” anomaly in markets. Momentum refers to the tendency for financial assets with the best prior returns to continue to outperform, at least for a time.
The Transformation of Banking: Tying Loan Interest Rates to Borrowers’ Credit Default Swap Spreads
Banks’ practice of tying loan interest rates to borrowers’ credit default swap (CDS) spreads constitutes one of the most recent financial innovations.