Finance | Penn Today

FOMO still ‘ruling the market,’ says Wharton’s Jeremy Siegel, as investors hold out for an elusive rate cut to boost prospects

Jeremy Siegel of the Wharton School says that despite concerning data surrounding jobless claims, U.S. inflation is showing signs for the better.

How elections test the Federal Reserve’s independence

Christina Parajon Skinner of the Wharton School says that regionalism at the Federal Open Market Committee is a nod to America’s federalist system of government.

Mortgage closing fees are in the hot seat. Here’s why the feds are looking into them

Susan Wachter of the Wharton School says that now is a good time for the CFPB to investigate what’s causing mortgage closing fees to increase, though many services and fees are essential to the home-buying process.

GameStop stock plummets as ‘Roaring Kitty’ rambles on live stream

Itay Goldstein of the Wharton School says that the GameStop stock saga shows how investors can use modern communication tools to coordinate beliefs.

Wall Street is high on AI

A paper by Winston Wei Dou and Itay Goldstein of the Wharton School warns that informed AI traders can collude and generate substantial profits without explicit coordination that violates antitrust regulations.

Nvidia not overvalued despite low forward P/E and market cap, says DataTrek’s Nick Colas

Sean Myers of the Wharton School discusses Nvidia’s recent high valuation and how much weight to give P/E ratios.

Are we in the midst of a climate housing bubble?

Benjamin Keys of the Wharton School says that most homeowners should be able to sell and move somewhere cheaper rather than defaulting on their loans.

Celebrating family firsts and resourcefulness in the Class of 2024

Lynn Larabi, Crystal Marshall, and Jason Chu all entered Penn as first-generation college undergraduates and the children of immigrants and pursued different paths: political science, film, and finance and accounting.

A spilt image shows Arielle Alterwaite in the left half, posing with arms crossed and leaving against the exterior of a brick building, and the right side shows Katherine Scahill looking at the camera against a wallpapered background of tan and dusty red print.

Two Penn Ph.D. candidates awarded 2024 Newcombe Doctoral Dissertation Fellowship

The School of Arts & Sciences awardees are Arielle Xena Alterwaite, who is pursuing a Ph.D. in history, and Katherine Scahill, who is pursuing a Ph.D. in music.

Philly high schoolers develop easy app to help predict the true cost of college

Finiverse, a project run out of the Wharton School’s Stevens Center, helps high school students assess what a college education might mean for their financial situation.

Filters