Word: p
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
That sort of context might prove useful for thinking about the day's broader market moves. To be sure, it was a happy one on Wall Street. The Dow Jones industrial average was up 5.8%. The broader S&P 500 index rose 6.4%. The tech-heavy Nasdaq composite gained 7.1%. For investors used to seeing negative signs in front of figures like those, there was cause for celebration indeed. (See the best business deals...
What's the psychology in the professional investment community now? Are the pros as scared as the general public? Everyone is maximum conservative. The amount of money in money market funds is about half the aggregate value of the S&P 500. That's an unbelievable ratio. Even in hedge funds, which are ordinarily leveraged [i.e., more than 100% invested], they are now less than 100% invested, in some cases less than 50% invested. So everyone is maximum defensive, which is basically good news because if the fundamentals turn, there's plenty of cash to get the market going...
...feel about your list of `10 surprises for 2009," which you issued in December? You say these "surprises" have a 50% or better chance of occurring. For some, the odds look longer than that. Okay, let's review my list: *The first one, that the S&P 500 would go to 1,200 by the end of 2009, wasn't a crazy idea at the beginning of the year - but it sure is now (The S&P 500 is currently around 700). *The price of gold would go to $1200 per ounce. I still feel terrific about that. *The price...
...Staff writer Eric P. Newcomer can be reached at newcomer@fas.harvard.edu...
...year—performed last Friday night—there were moments when the whole seemed weaker than the sum of its parts. After a wavering start, the evening picked up with Aaron Copland’s jazzy “Clarinet Concerto,” played by Andrew P. Lowy ’09, and concluded with a sparkling performance of Hector Berlioz’s classic masterpiece “Symphony Fantastique.”The performance of the opening piece, George Enescu’s “Romanian Rhapsody”—composed...