Word: flocking
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...demand for options, more than it is a measure of volatility. More accurately, it takes account of the worst-case volatility that investors writing, or selling, options are expecting. In a relatively stable market, the VIX probably does mimic realized volatility fairly accurately, but in desperate times, as investors flock into put options - and greater volatility is possible in the near future - the VIX is an inflated measure of actual volatility...
Benedict's decision in 2007 to allow wider access to the traditional Tridentine Mass - said in Latin with the priest facing the altar rather than his flock - means that liturgical disputes with the Lefebvre followers have basically been resolved. "What remain are doctrinal questions that can only be clarified through further patient dialogue," Levada says...
...Despite these provisos, Weiskopf, who says he has taken the tonic hundreds of times "with everyone from guerrillas to government ministers," remains a passionate advocate for ayahuasca. A growing flock of travelers are heading to Latin America to explore the experience for themselves...
...where Catholic ranks have swelled some 20% since 2002. His Holiness courted controversy at the start of his voyage by reiterating the church's stance against condoms, saying their use "increases the problem" of HIV and AIDS. The Pope's trip is intended to solidify relations with his growing flock on the continent and will include meetings with Christian and Muslim leaders...
Memorial Church seems, at first glance, to be a vestige of Harvard’s Puritan roots. The austere brick façade evokes the covenanted communities of New England from which Harvard men used to flock. Accordingly, Memorial Church is Protestant...