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+See MoreSharpe-Lintner-Black CAPM alpha (2.14%) Fama-French (1993) 3-factor alpha (2.92%) Fama-French-Carhart 4-factor alpha (3.72%) Fama-French (2015) 5-factor alpha (4.54%) Fama-French-Carhart 6-factor alpha (5.33%) Dynamic conditional 6-factor alpha (11.14%) Last update: Saturday 28 March 2026
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Thomas Sowell argues that some economic reforms inadvertently exacerbate economic disparities. Thomas Sowell (2019) Discrimination and econo
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Nobel Laureate Robert Shiller's long-term stock market indicator points to a recent peak. His cyclically-adjusted P/E ratio (or CAPE) accounts for long-
2018-04-02 07:33:00 Monday ET

China President Xi JinPing tries to ease trade tension between America and China in his presidential address at the annual Boao forum. In his vulnerable att
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The Trump administration teams up with western allies to bar HuaWei and other Chinese tech firms from building the 5G high-speed infrastructure due to natio
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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
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Successful founders focus on their continuous growth, passion, perseverance, and the collective wisdom of most team members. William Ferguson (2013) &