Median home prices have surged past the U.S. record set in 2006 at the peak of the real estate bubble, but don’t expect a repeat of the Great Recession. Instead, Smith School professor Cliff Rossi expects an eventual market slowdown driven by a mixture of negative and positive factors. “Home prices at a national level are not anywhere near to cratering like they did back in 2007, 2008 and beyond,” Rossi says. He
Is "quarterly capitalism" a problem for the American economy? Hillary Clinton hopes to make the alleged short-term focus of corporations an issue in the 2016 presidential campaign. In a speech at New York University on Friday, she offered several proposals that would "reward farsighted investors and companies that seek to build up value." Professor Phillip L. Swagel from the Smith School's Center for Financial
On its face, Bank of America delegating stress test oversight to its human resources chief is a "head scratcher," Smith School professor Clifford Rossi tells American Banker. As part of a larger leadership shakeup, the megabank recently appointed its global head of HR Andrea Smith to a newly created chief administrative officer position. The role encompasses global corporate strategy and includes managing BofA’s Dodd-
On July 23, 2015, 37 executives from EMBA Cohort 14 graduated from the University of Maryland’s Robert H. Smith School of Business, in a ceremony attended by more than 300 family, friends, faculty and staff of the Smith School at the university’s Riggs Alumni Center. Dean Alex Triantis congratulated the cohort on their accomplishments.
China and other overseas stock market turmoil, plus the Fed waffling on an interest rate hike, are elevating the degree of difficulty for U.S. stock picking. "Whenever investors are feeling particularly perplexed,” Kiplingler notes, "they have a simple option. They can ask: What would Warren do?" The nation’s first personal finance magazine tapped Smith School professor David Kass to comment on a list of six