Word: fallenness
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...Transformers: Revenge of the Fallen, $400.7 m, $430 m, $830.7 m 2. Harry Potter and the Half-Blood Prince, $297.6 m, $619.7 m, $917.2 m 3. Up, $290.9 m, $124.9 m, $415.1 m 4. The Hangover, $272.2 m, $168.3 m, $440.5 m 5. Star Trek, $257.1 m, $126.4 m, $383.6 m 6. Ice Age: Dawn of the Dinosaurs, $194.2 m, $613.8 m, $808 m 7. X-Men Origins: Wolverine, $180 m, $183.5 m, $363.4 m 8. Night at the Museum: Battle of the Smithsonian, $176.7 m, $227.6 m, $404.4 m 9. The Proposal...
Anyway, Yale's endowment has fallen $1 billion more than expected, and their provost has shaved off his signature mustache, so we're left to conclude that New Haven might be a bit off kilter...
...gauges the options market's expectations of the 30-day volatility of the S&P 500 index. While the VIX has fallen from a high of over 80 last year to a new low under 23, it is still above its historical average of around 20. Eight years ago, after 9/11, it spiked to just over 40. Recently, stocks have reached new highs for the year, so a move down in the VIX is certainly reasonable. (Read "How to Know When the Economy Is Turning...
...options prices have fallen either because there is less demand for them, or perhaps due to oversupply as the market has been saturated by financial firms wishing to sell these options. The VIX may have continued its descent because investors do not fear a market crash enough to buy insurance at the same premium. Or perhaps more banks are writing options - selling insurance on a possible market crash...
Anyway, Yale's endowment has fallen $1 billion more than expected, and their provost has shaved off his signature mustache, so we're left to conclude that New Haven might be a bit off kilter...