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Berkeley professor and economist Barry Eichengreen reconciles the nominal and real interest rates to argue in favor of greater fiscal deficits. French econo

The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep

Value investment strategies make investors wiser like water with core fundamental factor analysis. Value investors tend to buy stocks below their intrinsic

Corporate investment management  This review of corporate investment literature focuses on some recent empirical studies of M&A, capital investm

There are several highlights from the first news conference after Trump's presidential election victory: The Trump administration will repeal-and-

JPMorgan Chase CEO Jamie Dimon says President Trump has now awaken the *animal spirits* in the U.S. stock market. The key phrase, animal spirits, is the