Initially designed as an automated ledger tool, Excel swiftly evolved into a data analytics platform for financial analysts to execute intricate financial analyses. Excel is so commonplace in the financial industry that many do not even consider it a fintech tool. The transformation of Excel...

In this article, we study unconstrained strategies through a respecification of classic mean-variance utility and, as a reference implementation, a long-only strategy based on Canadian and US bond markets. First, we capture the underlying economic forces that drive benchmark indices in the two...

This paper investigates the factors that drove the U.S. equity market returns from 2007 to early 2010. The period was highlighted by volatile energy and commodity prices, the collapse of insurance and banking firms, extreme implied volatility and a subsequent rally in the overall market. To...