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The VIX is not perfect, nor is the sense of volatility it attempts to predict. Volatility can mean many different things in practice: a stock whose price undergoes large price fluctuations and one that chops quickly in a small range might have the same measured volatility, but they are clearly...

Author: /time Magazine | Title: The Volatility Index Is Falling: A Bullish Sign? | 4/22/2009 | See Source »

Tea-party enthusiasts claim that the tea parties were supposedly a spontaneous, nonpartisan, grassroots movement fashioned after the Boston Tea Party of Dec. 16, 1773, when disgruntled colonists tossed tea into Boston Harbor to protest taxation without representation. The only problem is that the tea parties of Tax Day 2009...

Author: By The Crimson Staff | Title: Rebels Without a Cause | 4/21/2009 | See Source »

The other main candidate is spending. However, if the protesters were protesting Obama’s profligate spending, then what connection is there to the Boston Tea Party at all? Furthermore, according to Karl Rove, “If [the tea party movement] has a father it is CNBCâ?...

Author: By The Crimson Staff | Title: Rebels Without a Cause | 4/21/2009 | See Source »

A storm of controversy continued to rage on Monday, after Royal revealed that she'd written to Spain's Prime Minister José Luis Rodriguez Zapatero to apologize for the "insulting" comments Sarkozy purportedly made about the Spanish leader last week. On April 16, French daily Libération reported...

Author: /time Magazine | Title: Ségolène Royal: Sorry for Sarkozy Remarks | 4/20/2009 | See Source »

Nor is Chechnya quite as peaceful as Kadyrov claims. Just hours after the announcement of the end of counterterrorist operation, Russian forces were involved in a gun battle with rebels in southern Chechnya. "I suspect there are still several hundred, perhaps up to 1,000 [rebel] fighters. There are sympathizers...

Author: /time Magazine | Title: Russia's Chechnya Pullout: Compromise Over Victory | 4/20/2009 | See Source »

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