Faculty News

Professor Lawrence White is quoted in a story exploring the significance of the 30,000 mark for the Dow Jones Industrial Average

Excerpt from NBC News -- “'The stock market is driven by the aggregate of investors’ expectations about future profitability,' said Lawrence White, an economics professor at New York University's Stern School of Business. Although the Dow perhaps is the most recognizable character in the collective market narrative, White said, he pointed out that professionals view other indices, such as the much larger S&P 500, as a better barometer for gauging economic growth."

Read More