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Chief financial officers may be over-confident when it comes to investment forecasts, even when they’ve been proven wrong in the past, according to a new paper by researchers at Duke University and Ohio State University. “Senior financial executives’ beliefs of the mean of the distribution of S&P 500 returns are accurate, but they appear to […]

  • By: Staff
  • August 26, 2020 December 6, 2020
  • 08:29

Since 2004, Canada has held a AAA rating from all major ratings agencies, but on June 24, it suffered a blow when Fitch Ratings Inc. downgraded the country to AA+. “The rating downgrade reflects the deterioration of Canada’s public finances in 2020 resulting from the coronavirus pandemic,” said the Fitch in a rating action commentary […]

Investors Behaving Badly

Understanding why they do what they do.

  • September 1, 2011 September 13, 2019
  • 12:00