This week’s European Economic Experts Panel statement:
In general, absent any inside information, an equity investor can expect to do better by holding a well-diversified, low-fee, passive index fund than by holding a few stocks.
Keyword: public corporations
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This week’s IGM Economic Experts Panel statements:
A) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US after-tax corporate profits.
B) US share prices have risen since Donald Trump’s election victory at least partly because the policies he seems poised to implement are likely to increase US real GDP growth.
This week's IGM Economic Experts Panel statements:
A) Letting publicly traded US firms report earnings annually rather than quarterly would lead their executives to place more weight on long-term issues in their investments and other decisions.
B) A switch from quarterly to annual earnings reports would, on net, benefit shareholders.
This week’s IGM Economic Experts Panel poll statements:
A) The typical chief executive officer of a publicly traded corporation in the U.S. is paid more than his or her marginal contribution to the firm's value.
B) Mandating that U.S. publicly listed corporations must allow shareholders to cast a non-binding vote on executive compensation was a good idea.
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