Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just future rate predictions.

Investing is about putting money at risk in order to earn a return. In theory, the more risk an investor is willing to accept, the more returns he or she should expect to earn to compensate for the ...

One major takeaway from the recent financial crisis is the key role of liquidity. Without the presence of many willing buyers and sellers, we have seen how poorly markets function. When it comes to ...