Experience Stern | News & Events

Excerpt from Circa -- "White supports a full repeal of the Volcker Rule, which he called 'costly' and 'a waste of effort,' but said he is concerned about the overall trend toward deregulation. 'It's clear that the breezes are blowing towards less regulation. That's the sense of the Congress, the Trump administration and that's the sense of the regulatory agencies,' he said. 'I worry this is the first step that is going to encourage them to go even further.'"

Excerpt from CNNMoney -- "'Walmart is the only firm that has the management, capital and the scale to compete with Amazon,' said Scott Galloway, a marketing professor at NYU's Stern School of Business. 'They've probably done as good a job of getting off their heels and on their toes as any retailer in the world.'"

Excerpt from Wealth Management -- "So, what would be the implications for bonds and equities if a dynamic developed that forces the Fed to suspend its portfolio normalization process? The strongly intuitive answer is that it would trigger a major rally in Treasurys, with the 10-year yield eyeing the 2 to 2.5 percent range, or possibly lower, and cause a sharp pullback in equities on the order of at least 10 percent."

Excerpt from Fortune -- "'No matter how you cut it, 5G is not a legitimate justification for this merger,' NYU economics professor and telecom expert Nicholas Economides says. New 5G networks are years away, he says, arguing the real justification for the deal is higher prices."

Excerpt from Management Team -- (translated from Dutch using Google Translate) "The signal that is something trendy is that at some point people get tired of it and continue to the next shiny object. When Foursquare was no longer in fashion, everyone said that the trend was over, but the actual trend was: location based services. Companies that have responded to this are now flourishing."

Excerpt from DS News -- "At a roundtable to launch this initiative, Sundararajan along with Chris Boyle, Chief Client Officer, Freddie Mac, Dave Lowman, EVP, Single-family, Freddie Mac, and Steve Kutz, Editorial Director of Dow Jones Custom Studio, discussed the trends and cultural forces transforming America and the way people think of the homeownership."

Excerpt from MarketWatch -- “Look at what is happening in China. China has devoted a huge chunk of its sovereign wealth fund to the future of AI, to training people, to building out systems and services ... China has some unbelievably good facial recognition systems and posture recognition systems. These things are so good that financial institutions trust them so that you can pay with your face.”

Excerpt from PCMag -- "We are endlessly fascinated by how other people feel about us. On Facebook and Instagram and Snapchat and Twitter, you're creating content and waiting for feedback. Some of it will be the kind of feedback you're seeking and some of it won't. But the thrill of getting exactly the kind of feedback you want is so appealing that we just keep returning to the experience over and over again."

Excerpt from CNNMoney -- "Being dean of a leading business school in the world's economic capital provided a unique vantage point from which to observe the particular challenges facing corporations, policymakers and civic leaders at this moment in history. This vantage point showed me beyond doubt that we face no more important challenge than increasing the accessibility and affordability of a first-rate education."

The Leonard N. Stern School of Business Graduate Convocation Ceremony took place on Friday, May 18, 2018 at the Theater at Madison Square Garden.

Learn more about NYU Stern's Undergraduate Baccalaureate ceremony.

Excerpt from CNNMoney -- "Tulin Erdem, a professor of marketing at NYU's Stern business school, said she likes the Facebook ad more than the others. There's 'more of an emotional appeal there,' she said. 'I think it's more effective.'"

Excerpt from CNBC -- "'Students are trying to have relevant skills for the job market,' Yermack said. 'You would take a risk not studying this.'"

Excerpt from CNBC -- "Schilling, who has spent over 17 years researching tech innovation and collaboration strategies, adds that 'the prestige of the schools ensures that they have their pick of applicants, so their students tend to be strong and well-connected even before they arrive on campus.' Lastly, 'the social networks among students, alumni, corporate contacts and investors at these schools are exceptional because of the history,' Schilling says."

Excerpt from Bloomberg -- "The world has become much more data-dense...so we basically, in the data now, see a lot more than we used to before so there is less guesswork involved. That's an important long-term trend. The thing it seems to me that you don't see in the data is the potential for rising systemic risk associated with trade frictions and other things..."

Excerpt from The Wall Street Journal -- "Limits on the SEC’s ability to obtain disgorgement could help explain the decline in its enforcement results—as measured by the penalties that firms pay to settle regulatory investigations. The SEC obtained fines against public companies totaling $65 million during the first half of 2018, the lowest amount since at least 2009, according to Cornerstone Research, an economic consulting firm."

Read more about NYU's All-University Commencement ceremony.

Excerpt from Bloomberg View -- "For instance, Hyundai uses 11.38 percent, the country risk premium for Korea as calculated by Bloomberg, which uses inputs such as sell-side analysts’ often-optimistic forecasts for equities. That’s far higher than risk-premium estimates of valuation guru Aswath Damodaran, a finance professor at New York University."

Excerpt from BusinessBecause -- "According to Beth, there's a significant overlap between the Stern's much-touted finance strengths and the roles ultimately filled in the tech market. 'Students are able to find the right kind of functional role within the tech industry because there's enough space in the tech industry for students to be able to not only find the company but also the role that's the right fit for them,' she remarks."

Excerpt from NBC News -- "'Those funds are set up to last you know up to, say, 10 years, and those are going to be extremely difficult to divest from and maybe even costly,' said NYU professor of entrepreneurial finance Robert Whitelaw."

Excerpt from BusinessBecause -- "The TRIUM Global Executive MBA program—ranked among the top five EMBA programs in the world by the Financial Times in 2017—is also leading the charge, developing the next generation of female business leaders. The joint program between London School Economics (LSE), NYU Stern, and HEC Paris takes students to London, California, Paris, New York, and Shanghai."

U.S. Securities and Exchange Commission enforcement actions against public companies and their subsidiaries continued their downward trend through the first half of the 2018 fiscal year. SEC enforcement activity is on pace to reach the lowest level since 2013, according to a report released today by the NYU Pollack Center for Law & Business and Cornerstone Research.

Excerpt from ETF.com -- "In addition, Itamar Drechsler and Qingyi Drechsler, authors of the July 2014 study 'The Shorting Premium and Asset Pricing Anomalies,' found that about one-quarter of 'on special' stocks migrate into lower-cost buckets each month. In other words, underperformance tends to be fleeting."

Excerpt from The Bond Buyer -- "In their research, presented at Brooking’s July 2017 Municipal Finance Conference, Cuny and Dube examined the relation between disclosure choice, changes in issuer credit ratings, and adverse local housing conditions. The 'results suggest that disclosure quality can lower the cost of debt by attenuating the impact of negative economic outcomes,' they said."
 

Excerpt from Forbes -- "I was thrilled to recently discover what I consider a gold standard process by the Google Clips Camera development team. Key leaders of the development team Juston Payne, a former superstar MBA student from NYU Stern, who is product manager on the project, and Eva Snee, the UX (user experience) researcher, described what led to the new version, launched this past Friday."