Cornell Expert Quotes
Cornellians weigh in on current events in the news
"As Trump showed, even negative buzz is good, especially for front runners, because it can suck attention away from challengers (remember during GOP debate when he talked about his ‘hands’)."
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Topic | Name | Date |
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“Airbnb is fundamentally different than a hotel in that they are simply a platform, they are not public spaces, they do not have employees, and they do not have the type of debt service that a hotel has. In addition, they do not have security at their properties and they insure their providers so the potential costs are huge."
Media:
Rachel Rhodes
rer252@cornell.edu
202-434-8036
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"Occupational licensing increases inequality by limiting the supply of people who can legally practice an occupation and driving up wages in those occupations. Although some regulation is necessary to protect the public from incompetent or malfeasant practitioners, overly restrictive licensing laws can lead to workforce shortages, and drive up the cost of services for consumers."
Media:
Rachel Rhodes
rer252@cornell.edu
202-434-8036
Related Tip Sheet:
White House order to loosen occupational licensing burdens (12/17/20)
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“Forced delisting of companies who have accepted the heightened scrutiny of a cross-listing on U.S. exchanges may be too blunt a tool to solve a problem that should have been addressed by some adept diplomacy between government agencies.”
Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
Blocking Chinese firms from U.S. markets is ‘too blunt a tool’ (12/03/20)
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“The board diversity requirement announced today by Nasdaq is not only good from a social perspective, it is also good for Nasdaq-listed firms and their shareholders."
Media:
Gillian Smith
gillian.smith@cornell.edu
607-254-6235
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Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
Premium on innovation as hospitality enters holiday uptick (11/16/20)
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"We are approaching a phase where we can expect travel, hospitality and services in general to take a pretty solid uptick – especially those which are centralized, like airlines, cruise and major hotel brands. While the U.S. and many other countries are experiencing record numbers of positive cases – the recent vaccine announcements combined with key initiatives bode well for a return to travel."
Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
Premium on innovation as hospitality enters holiday uptick (11/16/20)
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"The pandemic has played havoc with revenues, but the holy grail of revenues in professional sports is television rights fees payments. The restart of the NBA seems to imply that the networks are satisfied with their coverage and ratings and optimistic about increased and sustained ratings going forward."
Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
NBA rules imply optimistic TV ratings, but bubbles may stay (11/10/20)
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"Just like animals, investors herd in the face of danger or uncertainty by following the strongest in the pack. For investors this means pouring money into recent ‘winners,’ which academics call momentum trading. Over the course of the pandemic, the technology sector has been the big winner."
Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
Why tech is up today: Uncertainty pushes markets towards winners (11/04/20)
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"A 30% annualized figure sounds great, but it won’t put us back above our previous peak. There are distinct signs that progress slowed through the third quarter with the pace of rehiring slowing down as the third wave of the virus began to take hold and the effects of the spring stimulus bills ended."
Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
Upcoming GDP report: a statistical nothingburger (10/21/20)
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Media:
Rebecca Valli
rv234@cornell.edu
607-255-6035
Related Tip Sheet:
Upcoming GDP report: a statistical nothingburger (10/21/20)
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