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 […]

Stocks move in predictable ways after White House change

ITHACA, N.Y. – With President-elect Donald Trump’s inauguration approaching, the stock market has been more volatile because investors are trying to predict which industries will do well under a Trump administration – and which will tank. According to a new Cornell University study, there is a way to capitalize on this fluctuation because stock returns […]

Kenneth Miranda of the IMF named Cornell’s chief investment officer

ITHACA, N.Y. – Kenneth Miranda, director of the International Monetary Fund’s (IMF) investment office, has been selected as Cornell’s chief investment officer, Provost and Acting President Michael Kotlikoff announced today. Miranda will manage Cornell’s $6 billion investment portfolio and lead the Office of University Investments, starting July 1. Director of the IMF’s investment office since […]

Long-term risks in Japan Post’s multibillion-dollar IPO

Hirokazu Miyazaki is director of Cornell’s Mario Einaudi Center for International Studies and professor in Cornell’s department of anthropology. He researches traders and financial market actors in Japan. He says the initial public offering – or IPO – of Japan Post marks a new phase in the controversial privatization of Japan’s postal services, that was first initiated […]

Cornell experts offer preview of International Monetary Fund and World Bank Meeting

Robert Hockett, professor of financial and monetary law at Cornell University Law School, says the long-lasting crisis in the Eurozone, as well as more recent signs of trouble in the Chinese and American economies should be high on the agenda. Bio: http://www.lawschool.cornell.edu/faculty/bio_robert_hockett.cfm   Hockett says:   “This week’s annual Autumn Meeting of the IMF and World Bank […]