Albert “Pete” Kyle will receive the Wharton-Jacobs Levy Prize for his research on market microstructure, based on his 1985 Econometrica paper, “

COVID-19 lockdowns and subsequent stimulus payments left many Americans with extra time and cash. Among the effects was a surge in retail stock trading through zero-commission brokerages. This worked to drive up the share price of meme stocks and led to market volatility.

Federal Reserve economists predicting a mild recession as a result of the recent banking crisis has drawn varied and incisive responses from finance experts at the University of Maryland’s Robert H. Smith School of Business.

In the fourth quarter of last year, the number of Americans paying $1,000 a month or more for a vehicle hit a record high of 15.7%.

In May, National Student Clearinghouse reported that 662,000 fewer students enrolled in undergraduate programs in spring 2022 than a year earlier, a decline of 4.7%. But first-time, first-year enrollment increased by 4.2% in the same period. Why the overall decline yet increase in first-year enrollment?

We’re getting some relief at the gas pump, but having to dig deeper in our pockets to pay for groceries. The price of eggs is up about 40 percent since this time last year. We’re paying 20 percent more for milk, bread and a staple in many Americans’ diet - chicken.

From the earliest weeks of the pandemic, Maryland Smith’s Nicole Coomber was noticing a worrying trend. Upwardly mobile professionals across her social media networks were opting to step back from their careers, overwhelmed by the new demands of their work lives and home lives.

Every investor is chasing the answer to one question: When should I buy stocks and when should I sell them? It’s the elusive formula for timing the market. Now new research from Maryland Smith’s Albert S. “Pete” Kyle shows how markets gain momentum and how investors can make better decisions based on it. “Investors want to buy the stock that’s going to go up, and they want to sell the stock that’s going to go down,” says Kyle, the Charles E. Smith Professor of Finance.

SMITH BRAIN TRUST – The University of Maryland’s Robert H. Smith School of Business proudly presents its 16th annual Summer Reading List for Business Leaders, as recommended by faculty and staff. The 2019 edition covers history, politics, leadership and even strategies for staying focused in a volatile, fast-paced world. Deep Work By Cal Newport