Finance Faculty Media Mentions

"Inflation affects our stock market for a multitude of reasons. First, as the cost of input goods for companies go up, this compresses margins and leads to lower profits for companies where they cannot pass along these costs to the customers," says Derek Horstmeyer, professor of finance, in an interview with The Wall Street Journal. 

Derek Horstmeyer, professor of finance, says that regarding the stock market you might want to sell off 30 percent before the recession starts in an interview with Go Banking Rates. “Given we are already down 20% to 25%, I would expect not too much more of a sell-off if we are indeed going into a recession.”

Finance students Yiming Xie and Zihan Chen, along with Derek Horstmeyer, professor of finance, wrote an article for The Wall Street Journal on which industries do best over inflationary spikes, surprisingly it is not real estate, and in fact energy/materials that outperform by a long shot.

Katherine Vargas Medina, a senior finance and management information systems student, and Lincoln Berkson, a 2022 graduate of finance and management information systems, along with Derek Horstmeyer, professor of finance, wrote an article for the CFA Institute on an in-depth analysis of the Sharpe Ratio.

 Brad Swanson, adjunct faculty member of finance, wrote an op-ed for Impact Alpha on Environment, Social, and Governance (ESG) investing.

Derek Horstmeyer, professor of finance, wrote an article for The Wall Street Journal on how negative real interests encourage risk taking by investors for the first half of a negative interest rate cycle, and how this reverses in the latter half of the cycle.

Businesses that don’t have poison pill defenses “written into their charter tend to earn excess returns.” Derek Horstmeyer, professor of finance, says in Business Insider that “this is because since they are exposed to market discipline (threat of takeover), management acts in the best interest of the shareholders.”

Derek Horstmeyer, professor of finance, was interviewed by the Financial Times on ETFs and how they have been taking excess risks.

Steve Pilloff, associate professor of finance, was interviewed by WalletHub on what to look for from a car insurance company compared to its competitors.

When acquiring a new company, it can be tricky removing members of the current board. In an interview with Business Insider, Derek Horstmeyer, professor of finance, “Let's say there's nine board members on the board. Only three come up for election every year. So if you want to take over the whole board, it's going to take you three years.”