When is it too late to give up control of your finances?

America is getting older. By 2050, one-fifth of the U.S. population is projected to be over the age of 65. And the way we're aging is changing, too. Older people today are more responsible for managing their finances than ...

Embracing AI in the world of finance

Large Language Models (LLMs) like ChatGPT are shaking up the world of finance. Morgan Stanley is testing an OpenAI-powered chatbot to assist their financial advisors. The bot, trained on the bank's own research reports, offers ...

The playbook of forecasting US Treasury bond returns

Interest rate variance risk premium (IRVRP), the difference between implied (forward-looking) and realized (backward-looking) variances of interest rates, measures compensation for risk for exposure to volatility in the interest-rate ...

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