2018/01: Bichler & Nitzan, ‘With their Back to the Future: Will Past Earnings Trigger the Next Crisis?’

Abstract The U.S. stock market is again in turmoil. After a two-year bull run in which share prices soared by nearly 50 per cent, the market is suddenly dropping. Since the beginning of 2018, it lost nearly 10 per cent of its value, threatening investors with an official ‘correction’ or worse. As always, there is […]

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