Ravi Bansal
Professor, Fuqua School of Business, Duke University
http://www.fuqua.duke.edu/faculty_research/faculty_directory/bansal/
Bansal is an expert in the field of financial economics. His work on long-run
risks won the prestigious Smith-Breeden Award presented by the American Finance
Association. He teaches courses in asset pricing, global economics, and
investments. A 2009 article that he co-authored about financial crises can be
found at http://faculty.fuqua.duke.edu/~rb7/bio/BKY_AERPP2009_bansal.pdf.
Quote:"The S&P downgrade of U.S. government debt will rattle investors globally
as it will bring new uncertainties to the global economy and investors. U.S.
debt is regarded the safest vehicle for investing. This downgrade shakes a key
safe asset anchor in the global economy.
"Nonetheless
the downgrade in itself should be less important relative to the path of future
U.S. growth; bad news on this front will be more significant for financial
markets than the downgrade in itself."