The optimal Pareto
The optimal Pareto is a financial blog written by Chief Economist & Strategist Finn Øystein Bergh. He combines academic insight with an often unconventional look at the securities market, providing new and useful insights.
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Revenge of the dumb money
A closer examination of capital flows may explain a number of stock market conundrums. Like overvalued stocks and index concentration.
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Nobody expects the Spanish inquisition
The seeds of economic strength may be surprisingly old.
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Winter time adjustment: losing more than sleep
On the last Sunday in October, Europe will change from daylight saving time to standard time. The US will follow suit one week later. The stock market couldn’t possibly be bothered, right?
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The lunch that keeps on giving
No such thing as a free lunch? In terms of systematic risk, you’re getting paid for having lunch.
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Old-time highs
Gold keeps hitting new all-time highs, according to news reports. It’s a shining example of money illusion.
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Face value
The stock market has more return factors than momentum, value, and size. Beauty, for instance.
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Large-denomination ballots
Political elections and the stock market have a lot to do with each other. For instance, you can construct an opinion poll beta.
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It’s the carry, stupid
Norwegian interest rates are not really that high. Not if we make the comparison that Norges Bank needs to make.
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The soft landing conundrum
Puzzled that economic growth holds up so well despite the massive interest hikes? We may all be wrong about interest rates.
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Counting all-time highs
Outdated stock market indices underestimate the frequency of all-time highs – and of course the long-term returns.