Are 30% of bond funds riskier than they appear? Three finance professors say yes. Morningstar disputes their findings.
Two stories emerge after working paper finds substantial portion of bond funds might be riskier than they appear.
Finance
Expert Commentary
Why a 7-yuan-per-dollar exchange rate is ‘psychologically important’
In early August 2019, exchange rates between the yuan and the dollar crossed a 7-to-1 threshold that many media outlets called “psychologically important.” What does psychology have to do with international financial markets? A lot.
Expert Commentary
Faced with income inequality, Americans support government action
Americans tend to shun redistributive economic programs. But widening income inequality may be changing that position, a new paper shows.
Expert Commentary
Municipal bonds: A reporter’s tip sheet
When your city or state needs cash for infrastructure, it probably issues a municipal bond. We explain how “munis” work.
Expert Commentary
Retirement planning and its role in wealth inequality
Investing in financial knowledge is akin to investing in human capital, argues a new paper in the
Expert Commentary
Finding and reading a balance sheet: Accounting basics for journalists
This 2016 tip sheet helps journalists find and understand financial reports, such as the income statement, balance sheet and cash flow statement.
Expert Commentary