SMITH BRAIN TRUST – The price of gold has risen by more than 30% in the past 12 months, and has outperformed all other commodities traded this year under the impact of the COVID-19 epidemic. David Kass, clinical professor of finance at the University of Maryland’s Robert H. Smith School of Business, explains the economic implications.
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.
Is the stock market in bubble territory, ready to burst? Or are these boom times?
That will be the debate at the U.S. Equities Boom or Bust Update, a virtual event being hosted by the CFA Society Washington, D.C.
SMITH BRAIN TRUST – If you follow David Kass’ stocks to watch, it’s time to update your holdings.
SMITH BRAIN TRUST – The coronavirus pandemic may have thrown many of your summer plans into disarray, but there's one much-loved activity you can still pursue: Losing yourself in a stack of engrossing books.
Maryland Smith's faculty are there for you, with suggestions to get you through the summer break.
SMITH BRAIN TRUST – Maryland Smith’s David Kass never misses a Berkshire Hathaway annual shareholders meeting. For many years, he made an annual journey to the event in Nebraska, always with a group of students, and often to attend a private meeting with the so-called Oracle of Omaha himself, Berkshire CEO Warren Buffett.
SMITH BRAIN TRUST – The coronavirus pandemic is having an impact across industries, sectors and cultures, and prompting people around the world to pose questions and seek answers.
SMITH BRAIN TRUST – For investors concerned about market uncertainty invoked by the coronavirus: Don’t touch your face and certainly don’t touch those stocks.
In what has been a volatile trading week on Wall Street amidst coronavirus fears with the Dow Jones entering bear market territory marking the end of an 11-year bull market run, investors may feel like they need to get out.