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Campbell Harvey, Professor of Finance, Fuqua School of Business, Duke University

Alpha Exchange

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The El Curve and Its Performance After the Global Financial Crisis

I was hoping just if you could from that 19 86 period and then thinking about the power of this model after that period. So we had a couple of recessions. Certainly one in the nineties. We had the te bust, course, the global financial crisis. And then i want to say, at the early part of 20 19, you had a curve inversion as well. I remember people clearly must have been diling you up. Bcause you were making plenty of commentary, i think, at that time, on the ell curve. But it's interesting because like a social media people are always looking to criticise.

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