SMITH BRAIN TRUST – Over the weekend, the livestream-only audience at Berkshire Hathaway’s annual shareholder’s meeting was teased with the message: Its chairman, Warren Buffett, “will have a ‘mild surprise’ for investors in a few moments.” The message filled audience members with anticipation.
Dr. David Kass has published articles in corporate finance, industrial organization, and health economics. He currently teaches Advanced Financial Management and Business Finance, and is the Faculty Champion for the Sophomore Finance Fellows. Prior to joining the faculty of the Smith School in 2004, he held senior positions with the Federal Government (Federal Trade Commission, General Accounting Office, Department of Defense, and the Bureau of Economic Analysis). Dr. Kass has recently appeared on Bloomberg TV, CNBC, PBS Nightly Business Report, Maryland Public Television, Business News Network TV (Canada), FOX TV, Bloomberg Radio, Wharton Business Radio, KCBS Radio, American Public Media's Marketplace Radio, and WYPR Radio (Baltimore), and has been quoted on numerous occasions by The Wall Street Journal, Bloomberg News, The New York Times and The Washington Post, where he has primarily discussed Warren Buffett, Berkshire Hathaway, the economy, and the stock market.
SMITH BRAIN TRUST – It feels a little like the Wild West, or the early days of cryptocurrencies. Welcome to the strange new world of NFTs, or non-fungible tokens.
Sparking a trading frenzy for cryptocurrency investors and collectors alike, NFTs represent unique digital assets, like jpegs and video clips that are bought and sold much like stocks or other physical assets.
SMITH BRAIN TRUST – Bitcoin was on something of a hot streak recently, touching an all-time high above $50,600. And the move had debate about the cryptocurrency heating up as well.
Is Bitcoin a viable currency for trade? Or is merely it an overheated asset, poised to cool way down?
SMITH BRAIN TRUST – A month ago, few people would have guessed that shares of GameStop, a struggling video-game retailer founded a year before Blockbuster Video, would be Wall Street’s most eye-popping stock to watch.
SMITH BRAIN TRUST – Stocks surged on Wall Street last week, even as a violent siege at the U.S. Capitol left many Americans feeling unsettled. The Dow Jones ended the week above 31,000, near its all-time high. The S&P 500 and NASDAQ, meanwhile, also showed gains on the day and for the week.
SMITH BRAIN TRUST – Seven years in the making, the recently completed Comprehensive Agreement on Investment aims to rebalance trade between the European Union and China.
SMITH BRAIN TRUST – How will a Joe Biden presidency affect the American economy, and what will it mean for the U.S. role in global economies, including China’s?