Blog Posts

What Is Cyclical Unemployment? Cyclical unemployment is a type of unemployment that occurs when the economy is in a recession. Cyclical unemployment can also be caused by structural problems in the labor market, such as a shortage of jobs in certain sectors. Cyclical unemployment is often measured using the unemployment rate, which is the percentage […]

The price-to-book ratio (P/B) is the ratio of a company’s market value to its book value. What Does Book Value Mean? Book value is an accounting term that refers to the value of a company’s assets minus its liabilities. Book value can be thought of as a company’s “net worth”. A company’s book value is […]

How people act with each other is the most important determinant of domestic conditions. The internal war is ultimately the most consequential type of conflict the US and other countries face. Even with the importance of US-China relations and its impact on the markets – via trade, economics, capital and currency, technology, geopolitical, and military […]

Student loan debt is now close to $2 trillion in the United States, or closing in on 10 percent of GDP.   Student Loans Owned and Securitized, Outstanding (Source: Board of Governors of the Federal Reserve System (US))   It’s a material line item and it is and will continue to have an impact on […]

In Part I, we covered the circumstances governing a healthy bull market and the unhealthy bull market associated with a bubble. In Part II, we covered the characteristics of the top, which leads us into part III, or the downturn phase. Recessions vs. Depressions The market dynamic is normal recessions is different from the one […]

In Part I, we covered the early stage of the bull market and the bubble phase. Here in Part II, we are covering the characteristics of a market top. Market top Markets that become driven from a lot of leveraged buying are prone to reversals. This reflects the general idea that when things are so […]

What is a Null Hypothesis? The null hypothesis is a hypothesis that states there is no difference between two groups, two investments, two economies, or two of anything. It is usually denoted by H0. For example, let’s say you are testing the effect of a new medication on blood pressure. The null hypothesis would be […]

What is private equity? Private equity is a type of investment that involves the funding of a company or enterprise by private investors, rather than through public markets. These private investors can be either individuals (known as “angel investors”) or institutional investors, such as traditional leveraged buyout investors or venture capitalists.   What is a […]

Finance has traditionally attracted the top talent with its higher pay and the broad applicability of finance throughout all industries. Jobs in finance are also seen as having good long-term prospects, making them a desirable choice for many job seekers. There are many different types of jobs in finance, from investment banking and asset management […]

What Is FIFO? FIFO is an acronym for First In, First Out. It is a method used for organizing and managing data so that the first piece of data to be inputted is also the first to be outputted. For example, let’s say you have a FIFO queue of tasks to do. The first task […]