Serious headwinds as Dow Jones passes 22,000 mark

On Wednesday, the Dow Jones industrial average broke through the 22,000-point mark for the first time in its history. Andrew Karolyi, professor of asset management and finance at Cornell SC Johnson College of Business, recently authored a paper about the shrinking number of exchange-listed firms in the U.S. He says that today’s milestone should prompt […]

Recalculations of trade deficits will increase distortions

Andrew Karolyi, professor of asset management and finance at Cornell University’s SC Johnson College of Business, comments on recent reports suggesting Trump’s administration is considering recalculating trade deficit numbers. He says that while there is room for improvements on such statistics, any change would need a much more refined and nuanced approach to avoid further […]

Global market downdraft reveals need for better investor protections

CORNELL UNIVERSITY MEDIA RELATIONS OFFICE  Global market downdraft reveals need for better investor protections Wednesday, Sept. 18, 2013 Andrew Karolyi, an expert in emerging markets and professor at Cornell’s Samuel Curtis Johnson Graduate School of Management, discusses the downdraft in emerging global markets – and the tapering involvement of the U.S. Federal Reserve. Karolyi says: […]