Word: stockings
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...targeting very high rates of growth," says Stefan Szymanski, a sports business economist at Cass Business School in London. "To target a very high rate of growth is often a high risk strategy. High-risk businesses, in recession, tend to go bust." (The reverse can also be true: the stock price of sponsors of U.S. sports stadiums actually outperformed the market in the more benign conditions...
Asian markets got pummeled on Tuesday as investors dumped stocks across the region in the wake of Wall Street's worst decline in seven years. Japan's benchmark Nikkei stock market index closed down nearly 5%, Hong Kong's Hang Seng index fell 5.4%, and Seoul's KOSPI index dropped 6.1%. In Taiwan, where the main index slumped 4.9%, the government encouraged banks and state funds to buy shares to support the market...
Investing isn't so much buying a stock or a bond or a house, it's about buying into the belief that an asset you purchase for 10 bucks today will be worth more than that sometime in the future. Never mind that the future is generally being promoted by the seller, the way religions pitch their paths to an afterlife. You gotta believe! In investing we fall for it over and over because sometimes it actually works. Stocks do go up. Housing can be an O.K. investment over the long haul...
TIME: How has your personal net worth, your personal fortune been affected by the way the stock markets have performed in the past six months...
...signs point to an ugly day in Asian markets in the wake of Wall Street's worst decline in seven years. Japan's benchmark Nikkei stock market index plummeted 4.6% in early trading, Hong Kong's Hang Seng index fell 6.5%, and Seoul's KOSPI index dropped...