Cornell Capital Group’s Economics Blog. Brad Cornell teaches financial economics at the California Institute of Technology.
One of the most difficult problems for fundamental value investors is reconcliling value and momemtum. Welcome back to Reflections on Investing with the Cornell Capital Group. As we sit here now, the first half of the year is over, and…
Stock Market Review for the First Half Year The market performance in the first half of 2023 was a surprise, to say the least. Whereas the year began with concerns about an impending recession, the market shrugged off those fears…
Science advances one funeral at time – Max Planck The same can be said of the equity risk premium. Using fundamental valuation analysis to assess the level of the stock market, as measured for instance by the S&P 500 index, requires…
Updated March, 6th 2024In this article, we assume that AI, which we recognize has many different forms, will be a major economic success in that it will lead to greater productivity and rising GDP in the United States. The question…
Presently just five US tech companies account for nearly 25% of the S&P 500 market cap. We discuss resurgence of big US tech and what it means for investors. Hello and welcome to Reflections on Investing with the Cornell Capital…
Prof. Bradford Cornell explains how fundamental valuation analysis can potentially uncover market inefficiencies. As an example, Prof. Cornell revisits our publication "Valuing the Automotive Business" from November 2021. Hello, welcome back to reflections on investing with the Cornell Capital Group…
During the first quarter the story of both the fixed income and stock market revolved around the ongoing evolution of the yield curve. To review, the yield curve plots the yield on Treasury securities as a function of their maturity…
Hello and welcome back to Reflections on Investing with the Cornell Capital Group, and today we're going to talk about something that's been somewhat forgotten in recent years, corporate debt. We think it's going to play a much more important…
How can an option trade make 4000% in one day? Tesla stock has been highly volatile and one of the drivers of this volatility is the unusually large volume of options trading. Are large proportion of Tesla option contracts are…
While 2020/2021 were great years for our High Fliers, in 2022 the party ended and many of those companies like Peloton, Wayfair and Carvana came crashing down. In the first month of 2023 however we are seeing signs that the…