Are US Banks Hiding Their Losses?
Assets marked as ‘hold to maturity’ don’t have to be marked down as they lose value.
Are US Banks Hiding Their Losses?
Why Are Stock Returns Lower under Republicans?
- July 27, 2017
- CBR - Finance
Though Republican presidential candidates often campaign on pro-business policies, historically the stock market has performed significantly worse when there’s been a Republican in the White House. Chicago Booth’s Lubos Pastor and Pietro Veronesi find that the reason has to do with timing, economic cycles, and voters’ tolerance for risk.
CORRECTION: An earlier version of this video indicated the annualized return for the S&P 500 during Barack Obama's administration was 16.4%, while during Ronald Reagan's administration it was 4.23%. Those figures are inaccurate. The video has been updated to reflect average market returns in excess of the three-month treasury bill rate, which were 14.35% under Obama and 4.23% under Reagan. Chicago Booth Review apologizes for the error. The original video can be viewed here: https://www.youtube.com/watch?v=rtST6ASCILU.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum blandit vel justo sed accumsan. Nunc et pharetra nulla, non rutrum orci. Nullam eu risus congue, vestibulum lectus sed, pulvinar metus. Pellentesque at mauris eget neque dignissim sollicitudin a eu metus. Quisque hendrerit diam magna, et ornare mi efficitur et. Aenean non pulvinar neque, id pellentesque urna. Sed vitae sagittis arcu. Nunc malesuada purus eu enim maximus, quis mattis enim ullamcorper.
More from Chicago Booth Review
Who Is Fueling America’s Debt Binge?
How the excess savings of the US’s wealthiest households may be feeding a cycle of inequality and instability.
Who Is Fueling America’s Debt Binge?
Trade Credit Can Help the Supply Chain, or Hurt It
Late payments and discriminatory behavior can echo up and down the chain.
Trade Credit Can Help the Supply Chain, or Hurt ItMore from Chicago Booth
Your Privacy
We want to demonstrate our commitment to your privacy. Please review Chicago Booth's privacy notice, which provides information explaining how and why we collect particular information when you visit our website.