Does Financial Tranquility Call for Stringent Regulation?
Courtesy of Deepal Basak and Yunhui Zhao[1] On August 22, 2018, the U.S. stock market broke the record for longest-ever bull market run after the S&P 500 went 3,453 days without a drop of 20 percent (a decline normally associated with a bear market). In fact, despite recent financial turbulence associated with monetary policy normalization… Read More »
