That's Interesting
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What Moves Markets?
07th July, 2022What share of asset price movements is driven by news? This article finds that news account for about 50% of all bond and stock price movements in the United States and euro area since 2002, suggesting that a much larger share of return variation can be traced back to observable news than previously thought.
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Why Do Wealthy Parents Have Wealthy Children?
11th December, 2020Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents tend to be well off themselves. We investigate the role of family background in determining children’s wealth accumulation and investor behavior as adults.
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The birth and death of a bike company: What happened to SpeedX?
01st August, 2019“The tale of the Chinese start-up SpeedX is one of rapid growth, dizzying expansion and total collapse. In the space of two wild years, the company blossomed from the seed of an idea to hogging headlines around the cycling and tech world. It was poised to disrupt the big brands with its competitively priced and highly integrated ‘smart’ road bikes. And then, seemingly overnight, on the eve of shipping its ambitious second model, SpeedX disappeared without a trace – leaving in its wake a trail of unfulfilled Kickstarter pledges, unpaid suppliers, and unreturned deposits.”
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NPR: Chubb Insurance no longer underwriting coal industry
05th July, 2019“Chubb insurance says it will no longer underwrite coal-fired power plants, the first major U.S. insurer to do so. It’s a big victory for a campaign that’s been pressuring the industry over climate change.”
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San Fran Fed: Does the Fed Know More about the Economy?
30th April, 2019‘In assessing the current or near-term state of the economy, forecasts from Federal Reserve staff seem to provide little additional information to improve commercial forecasts. However, Fed forecasts for economic growth a year or more in the future substantially enhance the accuracy of private-sector forecasts.’
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The spectacular power of Big Lens
24th September, 2018A long article but it provides an interesting insight into the eyewear industry and the two dominant companies within it that are in the process of merging.
Essilor is a prescription lens business that manufactures a large share of the worlds prescription lenses and Luxottica is known by many consumers through its retail brand Sunglass Hut.
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