Post-crisis regulations and corporate bond markets

Many believe liquidity — the ease and cost-efficiency with which investors can buy or sell bonds — isn’t what it was before the recession. Hank Bessembinder, professor of finance at the W. P. Carey School of Business, and colleagues from Southern Methodist University went beyond anecdotes and assessed whether dealers have become less committed in recent years to making markets in corporate bonds.

Optimism in the Phoenix housing market

Optimism prevails in the Phoenix real estate market, according to expert Mike Orr, speaking at the Economic Club of Phoenix. Overall supply, which has been low, is now 77 percent of normal and rising fast, he said. But demand is 99 percent normal, which means prices are rising.