Research
Black-Scholes 2.0: Classic Valuation Method Expanded to Risks and Returns
The earthshaking 1973 stock options formula gets an update from two finance professors.
Tag: valuation
Asset Allocation
CalSTRS Mandates More Money from State, Employers to Absolve Growing Deficit
The pension was about 66% funded before the COVID-19 pandemic.
Why US Stocks Remain the Brawniest in the World
Strong tech outfits like Apple and Facebook help American equity returns power ahead of other nations’ markets.
Risk
Texas ERS Could Become Insolvent 20 Years Earlier than Previously Anticipated
An actuarial valuation report cites the plan’s risk of going insolvent by 2075.
Corbin: Investors Less Upbeat about Economy, But Optimistic about Impact of Trump Policies
44% of investors expect first-quarter earnings to surpass expectations.