On November 2, 2004 while Americans voted, flawed exit polls (indicating among other things that Kerry would carry Florida, the popular vote, and the Presidency) prompted the market to vote on a perceived Kerry Administration. As we have argued before, the prospect of...
Daniel J. Obrycki and Rafael Resendes
Mr. Resendes and Mr. Obrycki are the Co-Founders of The Applied Finance Group, a capital market advisory firm providing independent equity research to over 150 institutional investment houses around the world.
In the Mold of Jimmy Carter: The Kerry Tax Plan
The concept of supply and demand is a powerful mechanism to frame decisions and likely consequences. For example, suppose the price for red apples is $1.00 per pound today, but increases to $2.00 per pound tomorrow. We are happy to go out on a limb and predict that...
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Mr. Resendes and Mr. Obrycki are the Co-Founders of The Applied Finance Group, a capital market advisory firm providing independent equity research to over 150 institutional investment houses around the world.
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