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...underlying stocks. Specifically, the VIX is a weighted average of the implied volatilities from a large basket of options. That may sound like an indecipherable description, but it basically means that it's a cumulative index of uncertainty. Of course, it only makes full sense if you know a bit about option pricing...
...felt that I was relegated to the scout team immediately and I thought that was unfair, [it] certainly was a misrepresentation on the part of the coaches and how they recruited me.” Furthermore, he says, “I felt like the training was a little bit ridiculous.” Witt is quick to stress that he didn’t see this as a simple intensification from high school to college football: “the [high school] division I played in, it was very serious stuff. Not to blow it out of proportion...
...that's a mark of advancing intelligence. What's striking about this relative sophistication is that it developed in such a small brain case. A prime indicator of increasing human intelligence has long been thought to be increasing brain size. However, Falk says, the hobbit's skull is a bit of a mishmash of characteristics in terms of who it resembles. "Its brain sorts with africanus, yet its outside skull features look like Homo erectus," she says...
...Haitian's anguished question had a point. Some extremely bad guys in his poverty-stricken Caribbean nation had just won a round in a showdown with the world's lone superpower. Not necessarily the decisive round; at week's end Haiti's military leaders were backing off a bit from their early defiance. But if the showdown goes the wrong way, other bad guys around the world could get the idea that the mighty U.S. can be scared out of any venture that might get more than a handful of its soldiers killed. Initially, the Haitian military forces that deposed...
That, in the past, has fueled the suspicion that has driven the Pentagon's budget - which in turn convinces China's hawks that Washington does indeed see Beijing as an enemy. The Gates budget can change that dynamic - if China now responds, and levels a bit more with the outside world about its military. Big anniversaries come and go, but moments like this arise only rarely. Is the Chinese leadership smart enough to seize...