Smith Brain Trust

January 24, 2019
The Widening Effects of the Federal Shutdown
As the federal shutdown continues, now well past 30 days, its effects are spreading ever wider, Maryland Smith's Elinda F. Kiss writes. Here is what it looks like now.
Read the article : The Widening Effects of the Federal Shutdown
January 8, 2019
Why There's Now One Less Worry for Markets
There was a key development on Capitol Hill last week you might have missed. The decades-old Gephardt Rule, which seeks to avoid having the U.S. run afoul of the debt limit, was given new life.
Read the article : Why There's Now One Less Worry for Markets
December 19, 2018
Make – and Keep – Your Financial Resolution
“A New Year’s Resolution is a promise to yourself,” Maryland Smith’s Elinda F. Kiss says. Here's how to make a financial resolution and make it stick.
Read the article : Make – and Keep – Your Financial Resolution
December 10, 2018
Stocks To Watch in the Year Ahead
Like the big man in the North Pole, Maryland Smith’s David Kass spends the waning weeks of the year making a list and checking it twice.
Read the article : Stocks To Watch in the Year Ahead
November 15, 2018
Survive Holiday Travel, With Tips From the Experts
Maryland Smith faculty share their best travel hacks, from traveling early to the best ways to tolerate traffic, to make your holidays easier.
Read the article : Survive Holiday Travel, With Tips From the Experts
November 14, 2018
What To Watch As Pharma Prices Take Center Stage
Pharmaceutical prices are poised to become a central issue for the next Congress, potentially forcing lawmakers to consider at least two factors that coincide with America’s higher-than-average drug prices.
Read the article : What To Watch As Pharma Prices Take Center Stage
November 7, 2018
Teaching Finance the Maryland Smith Way
Short-term thinking hurts companies. But finance students at Maryland Smith learn a different approach. They focus on value maximization, not profit maximization.
Read the article : Teaching Finance the Maryland Smith Way
November 7, 2018
What the Midterm Election Means for Stocks
The stock market was taking the election in stride, beginning a rally that could extend through next year. Maryland Smith's David Kass explains three reasons why.
Read the article : What the Midterm Election Means for Stocks
November 2, 2018
Here’s What’s Missing From the Shareholder Primacy Debate
Critics come down hard on shareholder primacy. But Maryland Smith professor Michael Faulkender says people err when they overlook risk/reward economics.
Read the article : Here’s What’s Missing From the Shareholder Primacy Debate
November 2, 2018
How Shareholder Primacy Wards Off Short-termism
Companies have built-in incentives to avoid short-termism. But they fall into the myopia trap when they confuse value creation with income maximization.
Read the article : How Shareholder Primacy Wards Off Short-termism