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Loyola Marymount University Newsroom
Sung Won Sohn, LMU professor of finance and economics, commented on the growing national debt, noting that it first crossed $1 trillion on Oct. 23, 1981. The debt exceeded $40 trillion in August 2026,…
Sung Won Sohn, professor of finance and economics at LMU, was quoted about rising bond yields and the mounting national debt, which surpassed $40 trillion in August. Sohn noted that “heavy Treasury issuance, budget…
Sung Won Sohn, professor of finance and economics at LMU, commented on the trade war between Canada and the United States. “U.S. sellers and exporters, such as farmers, will have lower sales in Canada,…
Sung Won Sohn, LMU professor of finance and economics, explained the reason for the reported decline in the state’s unemployment rate in July. “The improvement was largely an illusion. The rate fell not because…
Sung Won Sohn, professor of finance and economics at LMU, commented on expectations for the July Consumer Price Index report. “I don’t expect any significant firework when the numbers come out. I don’t really…
Sung Won Sohn, professor of finance and economics at LMU, commented on the leisure and hospitality sectors of the job market, which saw weaker than usual hiring in June. “Some of this may be…
Sung Won Sohn, professor of finance and economics at LMU, commented on the labor market in June, which saw the largest drop in leisure and hospitality employment since December 2020. “June is usually a…
