Word: movingness
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Dates: during 1980-1989
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In its pure form, index arbitrage involves the simultaneous purchase of stock index futures contracts and the sale of the stocks that make up the index, or vice versa, to make a profit on the temporary "spread" or price difference between the two. Supporters of this classic kind of arbitrage...
In 1960 Martin socked Cubs Pitcher Jim Brewer solidly enough to inspire a $1 million lawsuit. "How does he want it?" Billy asked, starting to get into the spirit of the thing. "Cash or green stamps?" By the end of the '60s, Martin was an itinerant manager batting out minor...
Responding to that threat is the job, as always, of Chairman Alan Greenspan and the other governors of the Federal Reserve. As the person in control of the U.S. money supply, Greenspan has the primary responsibility for preventing a price explosion. Last week he seemed to be moving decisively to...
Haas, 59, raises cattle and sheep on a spread north of Sweetwater (pop. 12,242), and has hunted snakes since he was a boy. "They're a problem to livestock and people," he says. On and off since January, he has scoured the countryside for their dens, catching them while...
CAPTION: MOVING UP