Word: yieldingness
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But most arbitragers were on the sidelines last Monday because the computers that track prices had fallen hopelessly behind. The real culprit was a variation of program trading called portfolio insurance. This is a defensive strategy designed to protect stock portfolios against market downturns. Rather than sell stocks as their...
For all the renewed confidence in Europe, however, a few strains of Europessimism linger. Europeans realize that in the mid-1980s their exports to the U.S. received a mighty boost from the rise in the value of the dollar, which made imports less expensive for American consumers and businesses. Now...
"We've given away lots of bicycles and wagons to people less fortunate than us," says Nora. She has joined Ron on the porch and sips a cup of Yerba Buena herb tea. Today even the witches, famous in this valley, must be yielding to the sun, loosening their joints...
The NU secondary has been quite porous in games one and two, yielding 589 yards through the air to opponents (an average of 294.5 per game). Look for Yohe to test the waters early and often. Defensive backs Malcolm Haith and Derrick Luby are the squads two leading tacklers in...
Overall, Harvard allowed only 80 points in 13 spring contest, posting five shutouts, after yielding 146 points in nine fall contests without recording a single shutout.