Theodore Berg
Theodore “Ted” Berg is a Chartered Financial Analyst. He currently works as a senior financial analyst for the Office of Financial Research (OFR), a departmental office of the U.S. Department of the Treasury. Prior to joining the OFR in 2012, Ted worked in investment strategy at Freeport Investment Management, he led the corporate financial planning and analysis group at Las Vegas Sands, and he was a senior equity research analyst at Lehman Brothers. Ted has an M.B.A. from the Olin School of Business at Washington University and a B.S. degree in accounting from the University of Missouri. Ted is a former Certified Public Accountant, and he has lectured on financial markets at universities as an adjunct faculty member and guest lecturer.
Papers Published in World Economics:
Quicksilver Markets
One of the missions of the Office of Financial Research is to analyse asset market valuations and if there are excesses, explore the potential financial stability ramifications of a sharp correction. The author argues that U.S. stock prices today appear high by historical standards. Although he notes that the financial stability implications of a market correction could be moderate due to limited liquidity transformation in equity markets, he addresses other financial stability issues that may be more relevant, such as leverage, compressed pricing of risk, interconnectedness, and complexity.
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