Global Finance

OCTOBER 10, 2024

Economically, it has been a season of turmoil. The CBB cut its one-week deposit rate to 5.75% in September after the Fed reduced its benchmark rate, and the overnight deposit rate to 5.5%. His assumption of the governor’s office coincided with the Central African Economic and Monetary Community (CEMAC) marking its 30th anniversary.

Benchmarking 75

Benchmarking Economics Currencies Banking 75

Global Finance

MAY 8, 2024

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 billion; a 2.3% billion in 2022.

Banking 52

Banking Profit and Loss Construction Retail 52

Barry Ritholtz

JUNE 7, 2023

When you’re down 40 percent on average, it’s a huge loss to the industry. More than 50 percent of total losses in two in 2022 came from long short equity funds and half of hedge fund liquidations came from long short equity funds. They have economics. Maverick 14 billion. 130 billion. Perceptive 10 billion.

Investments 109

Investments Concentration Profit and Loss Economics 109

Barry Ritholtz

OCTOBER 28, 2024

Let’s just jump right into this undergraduate Vienna University of Economics and Business. 00:01:40 [Speaker Changed] So yeah, I was born and raised in Vienna and went to the Vienna University of Economics, but actually raced in junior formulas at the time and wanted to be a race driver. How do you cope with that loss of talent?

Investments 57

Investments Profit and Loss Numbers Entertainment 57

Barry Ritholtz

SEPTEMBER 12, 2022

And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. You have a background, undergraduate, your economics degree from Notre Dame, but you were dual-major Spanish language and Literature degree, how useful was that in Latin America?

Investments 117

Investments Marketing Profit and Loss Banking 117

Barry Ritholtz

AUGUST 29, 2022

And in order to graduate from Cook you had to have at least a minor that was related, and I thought — I took an econ class and I kind of liked it, so I minored in environmental economics. I — because obviously, I’m like journalism, economics, I’m in Rutgers. I run it at a loss. RITHOLTZ: Interesting. BALCHUNAS: Yeah.

Profit and Loss 67

Profit and Loss Marketing Investments Benchmarking 67

Barry Ritholtz

AUGUST 20, 2024

And the advice that he gave to David Einhorn about it that helped lead Einhorn to start really kicking the benchmark’s butt again for the past couple of years. So the actual source of profitability in that trade is not the level of the vix, but the shape of the vol surface. It would go up, it should go up. This was a giant win.

Concentration 67

Concentration Valuation Marketing Investments 67

Barry Ritholtz

OCTOBER 17, 2023

And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. A degree in mathematics from Oxford, a doctorate in mathematical epidemiology and economics from Cambridge. What made you add economics to your, to your graduate degree?

Investments 52

Investments Valuation Numbers Math 52

Musings on Markets

AUGUST 15, 2023

Arbitrage pricing : Arbitrage refers to the possibility that you can create risk-free positions by combining holdings in different securities, and the benchmark used to judge whether these positions are value-creating becomes the risk-free rate. But what if government securities are viewed as risky?

Investments 83

Investments Currencies Treasury Hurdle Rate 83

Barry Ritholtz

DECEMBER 12, 2023

He has absolutely crushed his benchmark over that period. He’s crushed the Russell 2000, whatever benchmark you want to talk about. They announced a $640 million loss and ouch. So it leads to the question, what’s the secret to this longstanding outperformance against all benchmarks and, and all passive measures?

Benchmarking 104

Benchmarking Concentration Investments Profit and Loss 104

Barry Ritholtz

JULY 24, 2023

10 years ago you had the top economics, economists, investors in America writing a letter to the Fed in 2010 saying, “Hey, stop QE. In 2015, Bill Gurley at Benchmark was saying Silicon Valley is in a bubble. You’ve seen job losses in goods producing sectors, manufacturing, auto, construction. ” RITHOLTZ: Right.

Marketing 52

Marketing Construction Valuation Investments 52

PYMNTS

APRIL 18, 2018

Canadian companies are less optimistic, however, about the Comprehensive Economic Trade Agreement (CETA) between Canada and Europe), and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreements. jobs data are all affecting the currency, but that strong economic performance in the country is a good sign.

Marketing 40

Marketing Profit and Loss Benchmarking Currencies 40

Barry Ritholtz

AUGUST 16, 2022

And so, you know, it was relatively, I wouldn’t say straightforward because I don’t think generating consistent profits has ever been something that’s so straightforward or so easy. And it’s always going to expect to lose some of those profits when the trend reverses, but still end up capturing the meat of the trend.

Profit and Loss 119

Profit and Loss Foreign Exchange Valuation Investments 119

Barry Ritholtz

MARCH 21, 2023

But if you buy low multiples and sell high multiples, either in a long-only beat the benchmark sense, whether over and underweight, and you did the same thing everyone does and call me a hedge fund manager. And value and momentum do, whether it’s relative outperformance against a benchmark or absolute performance in a hedge fund.

Profit and Loss 67

Profit and Loss Valuation Forecasting Investments 67

Barry Ritholtz

FEBRUARY 20, 2024

You get an economics PhD from California, Berkeley in 82, and around the same time you become an economist at the Federal Reserve Board from 81 to 83. And, and since then, you, you’ve gone on to do some work reforming L-I-B-O-R as the benchmark for rates. Let, let’s talk a little bit about your background.

Treasury 57

Treasury Marketing Banking Economics 57

Barry Ritholtz

OCTOBER 3, 2023

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. So, you know, we, we, we got involved and created a benchmark, a commodity indices at the time. He knows how to manage risk, and he knows how to trade for a profit for a p and l. Really intriguing.

Marketing 109

Marketing Banking Treasury Profit and Loss 109

Barry Ritholtz

JANUARY 31, 2023

Neil Dutta has been doing economic analysis and research from a market-based perspective for over 20 years. I found this to be just an absolutely fascinating discussion about how to best contextualize the world of economic data around you, in a way that’s useful for you as an investor. With no further ado, RenMac’s Neil Dutta.

Economics 57

Economics Marketing Manufacturing Profit and Loss 57