John Fang of Two Roads Advisors discusses a few key themes that are dominating lower-middle-market M&A.

Zero Lower Bound Probabilities at Different Time Horizons uses prices of fixed-income derivatives to create a daily measure of the likelihood that future short-term interest rates will be constrained ...

I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high.

When scientists spot an asteroid whose trajectory might take it close to Earth, they monitor it frequently and calculate the probability that it might collide with our planet.

Then you decide if this damage is the expected, lower bound or upper bound wind speed number based on the severity of the damage (right side of the chart, numbers are wind speed).

Upper and lower bounds If a number or measurement has been rounded, it can be important to consider what possible values the exact value could have been.

This active pattern continues Monday and Tuesday, then drier and hotter conditions are expected for the rest of the week with heat indices above 100°.