Can Fear Be Good for Wall Street?

Faculty member Dave Lebel

Conventional wisdom on Wall Street suggests that investors should not let fear influence their decision making. Too much fear among investors can have a strong negative impact on the stock market. However, recent articles in the Wall Street Journal and other media outlets suggest that investors may not have enough fear given the current economic outlook.

How can this be?

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A Ranking for Finance PhD Programs: A Closer Look at Katz’s Research Productivity

Shawn Thomas

Shawn Thomas

Students applying to MBA programs can easily obtain program rankings from many well-known sources.  In contrast, students considering applying to doctoral programs often have to rely on their own efforts to find objective information on PhD programs and to make relative comparisons.  While there is clearly a positive correlation between MBA program rankings and the relative quality of schools’ doctoral programs, there are very important distinctions between MBA programs and finance doctoral program rankings.  For instance, students considering finance PhD programs are primarily interested in the placements and research productivity of doctoral graduates.  While most PhD programs mention recent placements on their web pages, the information is generally incomplete and is certainly selected to portray programs in the best possible light.

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