The Fed Got More Hawkish. How Long Will It Last?
What this means is that stagflation is here, and the strong job market Powell has pointed to won’t last, says Sung Won Sohn, professor of finance and economics at Loyola Marymount University.
Bonuses for California Health Care Workers Clear a State Budget Vote. What’s Next?
State residents are going to pour this money into a consumer market that already has excruciatingly high demand for many goods and services that are in short supply. The relief funds will add to…
Imagine Entertainment’s $700 Million Deal with Centricus Hits a Wall (Exclusive)
“A studio needs creatives to execute their IP like a kite needs wind. Without the right talent, the IP can fall flat and we’ve seen lots of examples of that in recent years,” David…
The Dow Falls Nearly 800 Points as Inflation Hits 40-Year High
“Inflation is eating away at consumers’ purchasing power,” said Sung Won Sohn, professor of finance and economics at Loyola Marymount University and chief economist of SS Economics. Source: CNN The Dow Falls Nearly 800 Points…
Americans Feel the Heat as U.S. Annual Inflation Posts Largest Gain Since 1981
“The Fed now recognizes that it is way behind the curve on inflation and must act more decisively,” said Sung Won Sohn, a finance and economics professor at Loyola Marymount University in Los Angeles….
Why No One Has Jumped at Buying ‘Bite-Sized’ Netflix Right Now
The simple fact of the matter is it’s always difficult, though not impossible, to acquire a company at less than its 52-week high share price point, which was north of $700 for Netflix back…
A Matching Challenge Gift Celebrates 20 Years of Student Investment Fund
When Robert Lu ’03 proposed a matching gift challenge of $100,000 in support of the Student Investment Fund (SIF) at the LMU College of Business Administration (CBA), the challenge was met by former CBA Dean John Wholihan, Ph.D., who inaugurated the SIF two decades ago. The fund gives CBA students the chance to gain practical experience of investing, and now that opportunity will be opened to students from across the university.
