Word: popcorn
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...That's one way of looking at it. Another is to observe that while changes in risk appetite may not be predictable, they do follow a certain logic. "We view financial risk much like popcorn popping in a microwave," Merrill Lynch investment strategist Richard Bernstein wrote in January. "Until the first kernel pops, one tends to believe that nothing is happening. The initial pop seems like a random event until a second occurs. A third. A fourth. Then the popping goes wild...
...Once the market popcorn starts popping, it keeps popping. Volatility begets volatility. And on the flip side, calm begets calm. The really interesting times in financial markets come when we make the transition from one to the other. We may be living in interesting times...
That's one way of looking at it. Another is to observe that while changes in risk appetite may not be predictable, they do follow a certain logic. "We view financial risk much like popcorn popping in a microwave," Merrill Lynch investment strategist Richard Bernstein wrote in January. "Until the first kernel pops, one tends to believe that nothing is happening. The initial pop seems like a random event until a second occurs. A third. A fourth. Then the popping goes wild...
...revive the momentum of another of its brands, ConAgra is bringing Orville Redenbacher back to life in a series of ads recreating the bow-tied popcorn magnate digitally. It can only hope that campaign has some residual effect on its sister brand, helping bring it back in time before it got in this sticky situation...
...team. But in all the time he spent at the local river there, he managed to catch only "one trout and a karpyonka [Russian for carp]." He is mystified about the kind of bait Eastern European fish prefer. "I don't know what they eat here. I try sausage, popcorn, but they...