Seeking Alpha –
Summary
- The Fed’s small rate hike won’t affect much, except strengthening the dollar.
- 150,000 to 250,000 new jobs a month not the gains of our historic recoveries.
- Chinese slowdown lops half a percent off U.S. growth
Finance
Do Managers Seek Control and Entrenchment?
The CLS Blue Sky Blog – Do managers seek control of the firm, or the level of ownership consistent with entrenchment? Entrenched managers own shares within a range which is high enough to give them control, but sufficiently low to make other shareholders bear the brunt of their non-value maximizing actions. There is a large literature on how entrenched managers can benefit themselves by extracting wealth from other shareholders, but conclusive evidence that managers seek entrenchment is currently lacking.
How the NFL Moves the Stock Market
Ozy.com- For years it has been a widely held superstition among sports fans that the outcome of key games has an effect on the stock market. With the Super Bowl, it’s called the halo effect — a solid 80 percent of the time, the Dow declines for a year after the AFC team wins, and goes up, also for a year, when the NFC team wins. But, hey, investors: The pundits may be telling it all wrong.
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Cornell Real Estate Competition Hits Record High Number of Student Teams
Hartford’s Realty ‘Ambassadors’ Relay Their Short, Long Views
Hartford Business Journal- Anytime an employer wants to open doors, expand, relocate or shrink operations, they typically turn to commercial realty brokers.
In-demand Skills: Risk Management, Business Analytics
Hartford Business Journal – While an MBA is considered the higher-education degree of choice for many Connecticut companies, there are other in-demand skill sets. Financial risk management, business analytics, accounting, cyber security, and science, technology, engineering and math are among the areas of expertise sought by Connecticut employers, who are also looking for people with “soft” skills like the ability to communicate and think critically, according to university educators.
Hospital CEO Pay: Red Herring or Key in State Funding Debate?
Ukraine’s Quietly Revolutionary Debt Restructuring
Financial Times – Ukraine’s debt restructuring plan, announced last month, is both revolutionary and evolutionary. The agreement to restructure $18bn of privately held government debt stands in stark contrast to Greece’s nearly apocalyptic showdown with the European Union this year and Argentina’s simmering standoff with holdout creditors.
Slow Jobs Recovery Sends Workers Out of CT
Hartford Business Journal – “Connecticut has had steady improvement but not very strong improvement,” says Fred Carstensen, director of the Connecticut Center for Economic Analysis at UConn.
How an NFL Team’s Record Can Affect Its Sponsor’s Stocks
CNBC – Research shows that a sports team’s performance on the field can have a direct effect on the stock returns of sponsoring firms.
A pair of researchers at the University of Connecticut wrote a paper to be published next year in a journal called Critical Finance Review that points to up to a 127 basis point abnormal return for sponsors of winning NFL teams.