The Chinese stock market meltdown bears more than a passing resemblance to the U.S. crash of 1929. Many observers have noted the similar scale of the two implosions: The Dow fell by 25 percent in the week of Black Thursday; from June 18 to July 3, the two main Chinese markets fell by 31 percent. But the parallels go beyond scale, according to the Smith School finance professor Albert "Pete" Kyle. From a
One of the most closely scrutinized questions in finance is whether any fund managers can beat the market, year after year. The evidence is far more mixed than you might think from reading stories in the business media about investment "geniuses" of various stripes. New research from the University of Maryland's Robert H. Smith School of Business adds to the evidence that some fund managers indeed can beat the market, but with a
Arrests and resignations have kept Petrobras in the news while a criminal investigation unfolds, but don’t assume a gloomy forecast for Brazil’s state-controlled oil company. “My overall answer for Petrobras is, I’m very optimistic about the company,” says Smith School professor Paulo Prochno. He shares five keys for keeping the Brazilian telenovela in context.
In this issue of The Smith Report, Ambudhi Manchanda, MBA Candidate 2016, tells us about working as a Treasury Analyst at Ford Motor Company in Dearborn, Michigan.
While interning “Down Under” in Melbourne, Australia, Sam Haugrud, a senior marketing major at the University of Maryland's Robert H. Smith School of Business, celebrated the 4th of July with workplace mentors at NEAS.