Word: rightfully
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...filming hasn't started or anything? Wait, what?! Oh my God, I need to be in Hollywood right now! I mean, there's not even a script. We're far, far away from that. But everybody wants...
What are seasonal stock-market patterns pointing toward? Right now investors have a tremendous amount of doubt with respect to the stock market. With the economy just coming out of recession and stocks up more than 40% from the lows, people are thinking, 'It's gotta correct, it's gotta correct.' But historically, it doesn't have to correct, and that's what these seasonal patterns show - following big runs in the summertime, the stock market does not, on average, turn negative in the fall...
...traditionally September is known for being a lousy month for stocks, right? We've experienced in the last 25 to 30 years pretty sizable corrections in the fall, whether it's September or October. We saw it in 1929, but more recently in 1987, and in '97 and '98 as well. Even when there's not a big sell-off, it's not a good month. In fact, since 1942, September has been the most negative month in the stock-market year, exhibiting on average a 0.5% negative return. That's the seasonal pattern most people think of when heading...
...there's good seasonal karma right through December? In this seasonal scenario, December actually turns in the strongest performance, on average. There's a bit of seasonality to that too, since in a rising market you will typically see mutual-fund managers rush to add hot stocks to their portfolio at the end of the year so it shows up in their portfolio statements. There's much more performance pressure on money managers today than there used...
...with the election of President Barack Obama, who has made climate change one of his priorities, there was hope that the path could be cleared to a more equitable and effective global-warming deal. The timing is right - Kyoto expires in 2012, which means that a replacement treaty needs to be in place soon. (Read a Q&A with Yvo de Boer, the "Flying Dutchman" of climate change...