Category: Harvard
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Index Funds + Private Equity
John Coates, a professor of Law and Economics at Harvard Law School, discusses the concentration of power in the financial sector through the growth of index funds and private equity funds. Coates explains that these financial institutions have grown to control significant portions of the US economy, with private equity controlling between 15 and 20%,…
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Grantham says “only invest outside the US”
Jeremy Grantham shares his insights on market bubbles, his investment strategy, and his concerns about the climate crisis in this interview. He emphasizes the role of human nature in creating bubbles, with people driven by the fear of missing out on wealth. Grantham also highlights the importance of recognizing human nature in market behavior and…
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6/14/23
FED DAY!!! Policy announcement at 1CST, press conference at 1:30 https://finance.yahoo.com/news/fed-expected-to-skip-a-june-rate-hike-but-signal-more-in-the-future-141346398.html The Fed’s benchmark interest rate stands in a range of 5%-5.25%, the highest level since September 2007. As part of its most aggressive rate hiking campaign since the 1980s, the Fed has increased the target range for its benchmark interest rate by 5 percentage…