Associate Professor, Finance, University of Western Australia
Lee Smales is an associate professor with the Discipline of Accounting & Finance at University of Western Australia (UWA). Prior to joining UWA Lee was at Curtin Graduate School of Business, Curtin University School of Economics & Finance, and University of New South Wales where he also completed his PhD.
Prior to embarking on his academic career, Lee spent 8 years working for a major U.S. investment bank trading foreign-exchange and interest rate derivatives. Lee’s research interests are closely aligned with this prior career and focus on financial markets, and in particular the market response to news-events and the impact of prevailing sentiment and microstructure on this reaction.
Lee has published in leading journals including the Journal of Banking & Finance, Journal of Financial Research, Journal of Empirical Finance, Pacific-Basin Finance Journal, Accounting & Finance, International Review of Finance, Applied Economics, The Economic Record, and the Journal of International Financial Markets, Institutions and Money.
Lee has won awards for research (CBS New Researcher of the Year, 2013) and teaching (CBS New Teacher of the Year, 2014) and is also a CFA Charterholder.
How low will Bitcoin now go? The history of price bubbles provides some clues
Dec 10, 2018 23:28 pm UTC| Insights & Views Digital Currency
Nearly 170 years before the invention of Bitcoin, the journalist Charles Mackay noted the way whole communities could fix their minds upon one object and go mad in its pursuit. Millions of people, he wrote, become...
Think carefully before buying Bitcoin – and don't buy the 'safe haven' claims
Jul 12, 2018 06:17 am UTC| Insights & Views Digital Currency
The sharp rise and subsequent fall in Bitcoins value places it among the greatest market bubbles in history. It has outpaced the 17th-century tulip mania, the South Sea bubble of 1720, and the more recent Japanese asset...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well