Demand Shocks
topic on 1 show · 1 statements across 1 episodes
1 statements about Demand Shocks, every show
Mauboussin: Non-fundamental demand shocks create excess returns in asset markets
“So there have been some really interesting papers about, like, who has the money, what do they want to buy, and what does that mean for these downward sloping demand curves, and there's good evidence that you create these sort of excess returns as a consequenc…”