demand shocks
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 13, 2019 by Michael Mauboussin · across every show →
Everything said about demand shocks, oldest first
May 13, 2019 neutral
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…”