Quants are the mathematical wizards and computer programmers in the engine room of our global financial system who designed the financial derivatives products that almost crashed Wall Street and destroyed our economy.
These mathematical scientists are the financial geniuses, who instead of evaluating individual companies and their performance, management and competitors, use mathematical formulas to make [...]
A little insight into just who’s buying homes in Maricopa County and the Phoenix metropolitan area. It’s all a matter of perspective.
Harry Markopolos should be every American investor’s hero, I know that he’s one of mine. Mr. Markopolos, one of few Wall Street executives with a conscience, tried unsuccessfully for almost a decade to alert the SEC that Bernie Madoff was running a Ponzi scheme. The SEC’s refusal to investigate Madoff during that whole period is [...]
Are you a prospective (or current) college student living on a limited budget in Maricopa County, and looking to save a significant amount of money?
Then you’ll want to read an Arizona Economics blog post written by Mesa Community College economics teacher Scott Gustafson, proposing a very simple idea to cut your college tuition by approximately [...]
Is It Safe Yet?
To many investment bankers working on Wall Street, information means everything, while sentiment and uncertainty are to be avoided at all costs. These people are serious about wanting absolute answers before deciding whether it’s safe to move their money out of cash and into equities.
To support my point, here’s recently uncovered video of a [...]