Finance Faculty in the News: March 2023

James Choi

• “Don’t listen to your brain when it comes to spending,” The Straits Times

Christopher Clayton

• “Opinion | Chinese Companies Are Doing Risky Business in the Caribbean,” The New York Times

Bill English

• “How much more will the Fed raise rates in 2023? Here’s what experts are saying,” Bankrate
• “For 40 years, Silicon Valley Bank was a tech industry icon. It collapsed in just days,” NPR
• “The Fed’s Many-Headed Dilemma,” Yale Insights
• “For 40 years, Silicon Valley Bank was a tech industry icon. It collapsed in just days,” NPR
• "Debt ceiling: Here's why Janet Yellen doesn't think prioritizing payments would avoid a debacle," CNN
• "What to Watch From the Fed Meeting," Wall Street Journal
• "The Case for Raising Rates," Wall Street Journal
• "Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress," Wall Street Journal
• “The Fed’s Balance Sheet Looks Like Silicon Valley Bank’s,” The New York Times
• “Market Brief: Why This Is a Must-Watch Fed Meeting,” Morningstar

Bill English; Steven Kelly, Yale Program on Financial Stability

• “Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response,” The New York Times

Paul Goldsmith-Pinkham

• “Is this a bailout and 6 other questions about the SVB collapse,” The Washington Post

Paul Goldsmith-Pinkham, Kelly Shue

• "A Home Built on a Foundation of Promise, Hope and Legacy," 3BL Media

Gary Gorton

• “SVB Collapse Shows Fickleness of Crypto Money,” Bloomberg
• "The Looming Quadrillion Dollar Derivatives Tsunami," Scheerpost

Gary Gorton, Andrew Metrick

• “Banking goes back to the 1920s,” Financial Times

Song Ma

• “What’s Next for the Startups That Banked with SVB?,” Yale Insights
• “How to Prepare for a Financial Crisis as a Small Business,” Business Insider

Andrew Metrick

• “Is the Collapse of SVB the Start of a Banking Panic?,” Yale Insights
• “SVB collapse was driven by 'the first Twitter-fueled bank run,’” CNN Business
• “Beating the stock market over time is next to impossible, but you should still try,” MarketWatch
• “For 40 years, Silicon Valley Bank was a tech industry icon. It collapsed in just days,” NPR
• “US government responded powerfully to the emerging banking crisis — a swift and strong response fights panic effectively: Andrew Metrick,” The Economic Times (India)
• “Study: Vast Majority of Bank Interventions Turn Into Systemic Distress,” GlobeSt
• “800 years of bank troubles: Today’s situation is ‘relatively rare,’ researchers say,” MarketWatch (read here)
• “That Other Banking Mess,” Bloomberg
• “El grupo CNE avivará en la Universidad de Yale el debate sobre cómo crecer la economía de Puerto Rico,” El Nuevo Día

Andrew Metrick, Christian McNamara, YPFS

• “Credit Suisse’s demise: a new twist on the ‘Swiss finish,’” Financial Times

Tobias Moskowitz

• “The Size Factor Matters for Actual Portfolios,” VC Investments

Robert Shiller

• “Home prices are very high by historical standards, says Yale’s Robert Shiller,” CNBC

Kelly Shue

• “How To Have More Women In Leadership Roles,” The Geeky Leader