Word: indexers
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THOMAS GALLAGHER: Sure. But unlike with economic or industry news, markets tend to react to politics--not discount them ahead of time. That creates opportunities if you can anticipate political trends. In the '92 election, we had a Clinton stock index, and for a 10-week period starting in mid-September, it outperformed the S&P 500 by 10 percentage points. But most of the move came after the election. Very little had been anticipated...
...trying to stop the free flow of information. He says he is moving to prevent individuals from manipulating the market, driving share prices down so that they can later be bought at bargain rates. "I object to fluctuations caused by false rumors," Thirachai says. But with the SET index down this year by nearly 25%, some fear the attempt to muzzle market buzz will only scare off institutional investors and make matters worse. "The problem is that information, the media, is too tightly controlled by the government," says Sompop Manarungsan, an economics professor at Chulalongkorn University in Bangkok, "so rumor...
...remained one in defeat, doing a quick half-lap of honor around the hall, waving a Russian flag. Before the medal presentation, she changed from her diamanté black leotard into a sleeveless electric blue one. And when she stepped up to receive her medal, she raised an index finger in the air. "I'm still an Olympic champion," she said at a press conference after the event. She had a point. In Sydney 2000 and Atlanta 1996, Khorkina won gold in the uneven bars, her signature event. Her chance to make it three for three was still ahead...
...rankings, which U.S. News has promoted for 21 years as an objective index by which to navigate the sea of American higher education, have long been criticized as arbitrary...
...success has spread, and Huang has already drawn 40 patients from the U.S., with about 200 more Americans on the waiting list. Near the hospital, a dozen recovering foreign patients have turned a hotel's fifth floor into a Hall of Miracles. Bob Wolfbauer of Michigan can use his index finger well enough to write his signature for the first time since a bicycle accident two years ago; Jake Giambrone of Alabama can move his right wrist for the first time since a wrestling injury four years ago; and Cade Richardson of Washington State can feel his rag-wool socks...