Retirement and Investing Expert
Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.
Posts by Eric Reed:
Random walk theory holds that short-term and mid-term price movements of a specific stock appear to be random and thus are unpredictable. Using a share price’s past movements, for example, is an unreliable means of projecting its future direction. Understanding random walk theory can help retail investors focus their investment strategy. Read more
Efficient market theory, or hypothesis, holds that a security’s price reflects all relevant and known information about that asset. One upshot of this theory is that, on a risk-adjusted basis, you can’t consistently beat the market. The theory, which is controversial, has significant implications for investment strategy. Here is an overview of the theory that provides potential insights into how to invest. Read more
Data collection is one of the least appreciated but most important services the federal government provides. Much of its research focuses on business, economic and financial phenomena, and its data are disseminated at no cost to help U.S. companies, academics, journalists and investors understand what is happening in the economy at large. Federal Reserve Economic Data is perhaps the most important source for that information. Here’s a primer on this highly regarded resource. Read more