Israeli settlers set fire to West Bank mosques after deadly clash
Israeli settlers set fire to West Bank mosques after deadly clash
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Forecasting with Uncertain Persistence — by Joel P. Flynn, Maksim Meinert, Karthik Sastry
With uncertainty about persistence, we show that forecasts necessarily become more persistent and over-react at long horizons. For these reasons, correctly specified and Bayesian forecasts may under-react at short horizons and over-react at long horizons. These results provide a unified explanation for several asset pricing and forecasting puzzles, including: (i) the excess responsiveness of long-horizon…
Why beat-and-raise earnings reports are no longer enough to push the stock market higher
The changing inflation landscape could spell trouble for corporate America.
This “Stealth” RMD Strategy Could Cost You
If you have money in a traditional IRA or 401(k), required minimum distributions (RMDs) are something you need to plan for carefully. RMDs are due each year by Dec. 31. And if you miss that deadline, you could face a steep 25% penalty on whatever sum you don’t remove. One strategy you may be considering…
Teen Venezuela quake survivor mourns her ’young forever’ friends
Teen Venezuela quake survivor mourns her ’young forever’ friends
Pay raises keep shrinking. Here’s how much smaller they’ll be next year.
One solution is getting a different job — but that’s not so simple.
