We present evidence of inelastic demand for risky sovereign bonds and explore its implications for optimal government debt policies. Using monthly changes in the composition of a major international ...

TSM remains a compelling buy at current heights, underpinned by the near-monopolistic foundry market share at 71%, the promising FQ4'25 guidance, and the upcoming multi-year price hikes. This is ...

When inflation surged in 2022, most retailers crumbled, but not Ulta (ULTA). The company held its ground thanks to one powerful advantage: inelastic demand for self-care. Now, with tariffs rising and ...