Guest Blogger: Contributed by Dr. Edward Graham, Professor of Finance and Real Estate at the Cameron School of Business, UNCW (this post originally appeared on WilmingtonBiz.com on June 15, 2020).

Economic or financial risk is generally of two types: systematic and non-systematic. Non-systematic risk is risk that impacts a specific asset or group of assets – like a UAW strike impacting Ford and GM, or Mad Cow Disease impacting Wendy’s or McDonalds. Systematic risk concerns itself with factors that impact the entire economy, like the housing and financial crisis of eleven or twelve years ago motivating the Great Recession. The Covid “pandemic,” in turn, now manifests itself as a clear example of systematic risk, impacting the whole economy. But the pandemic has impacted some sectors of the economy far more than others.

Guest Blogger: Dr. Ulku Clark, director of UNCW’s Center for Cyber Defense Education (CCDE) and Dr. Geoff Stoker, CCDE affiliated faculty (this post originally appeared on WilmingtonBiz.com on September 18, 2019)

Good patch management is key to solid cybersecurity. By better understanding some of the differences among vulnerability types, CEOs, CIOs, and CSO/CISOs will be better able to set good policies and to properly support the employees charged with executing those policies.

Photo: A group of businessmen sit in the lounge area of one of WeWork's locations while they conduct business. This photo showcases the purpose of WeWork. The original photo comes from https://images.theconversation.com/files/298579/original/file-20191024-170484-6foi43.jpg?ixlib=rb-1.1.0&q=45&auto=format&w=754&fit=clip.

All talk, no action? Our very own Greg Putnam, CFA in the Economics & Finance department breaks down the mentality of some of the monopolizing leaders in the business world.⠀⠀⠀⠀⠀⠀⠀⠀⠀

Guest Blogger: Dr. Edward Graham, Professor of Finance, Cameron School of Business (This post was originally shared on WilmingtonBiz.com on August 15, 2018)

The Housing Bubble and the Real Estate Market Recovery

The U.S. residential real estate market has been a leading topic in the news over the last decade or more. With increasing mortgage delinquencies in late 2007, and the bursting of the real estate bubble soon thereafter, home values across the U.S. began an historic decline. The Case-Shiller Home Price Index, in Table I below, captures both the escalation in home values between 2000 and 2006, the correction in house prices as the housing bubble burst, and the recovery, on average, of the housing market across the US by mid-2018. Prices, on average across the US, more than doubled in the years ending in the spring of 2007. In the Cape Fear Region, using an admittedly informal but representative “index” created using home sales data provided by the Wilmington Regional Association of Realtors (WRAR), prices increased over 75% in the years ending in the spring of 2007. Prices then fell across the local market, but have since recovered. Few expected the recovery of the real estate market, in either Southeastern North Carolina or across the nation, to be as rapid as it has been.