Word: risinger
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The old saw is that the markets anticipate GDP health six months or so in advance, so what this disconnect is telling us is that economic recovery is just around the corner. Sure, we're seeing some green shoots particularly in China, where industrial production rose 8.3% year-on-year...
? He once snubbed an invitation to join Britain's House of Lords. Jack Jones, 96, preferred to make his mark by rising through the ranks of the Transport and General Workers' Union, where he became a national figure in the U.K. through his fight for labor rights.
The options market is driving the price of the VIX. But there's a twist: As the stock market falls, investors tend to buy put options in order to hedge against falling prices. As the price of put options increases, the implied volatility of those options increases, and so does...
Make no mistake: the agencies have taken major losses. In March, Freddie reported a $50 billion loss for 2008, nearly half of which came in the fourth quarter. Those losses, Freddie says, were driven largely by rising mortgage defaults and the falling value of derivatives used to protect against things...
What's happening in Da'an reflects a rising trend of participation by China's rural voters, some 450 million of whom reportedly cast ballots in 2008. And whatever the reason the elections were started, they are proving to be a godsend for the government as the world financial crisis...