The Standard & Poors 500 vs. The CBOE Volatility Index
Volatility Mad Dow disease is back, baby. The Dow Jones industrial average started the day with a bang, down 300 points. It then rose most of the day. The result: The Dow was down just 20 points by the end of the day. The Standard & Poors 500 was actually up slightly. What’s going …
Now through May 31, Eddie Bauer T-shirts and Polo shirts are being sold on a buy one, get one half-off basis. The second set of wrinkle-resistant pants and shirts you buy is also available for 50% off now through June 13. The sale is valid for men (links above) and for women alike.
Because if you do so and reserve a specific date and window of time to pick up your sandwich, you get the sandwich for free.
For quite a while, employees have been extremely reluctant to quit their jobs. Even if they were awful-paying and just plain awful gigs, the jobs market was even more awful, and so few workers wanted to risk being without a paycheck or trying something new. But now, in another sign that the economy isn’t a total basket case, tons of …
Once the fake money is in your hands, it’s your responsibility—and if you try to use it, you could go to jail for 20 years. This is even the case when the business handing out the counterfeited cash is the U.S. Post Office, as one man in Los Angeles found out.
These are the worst of times for the euro. Not only is the currency steadily sinking in value, but the Eurozone’s debt crisis has provided all kinds of new ammunition to critics of the monetary union to do some self-satisfied euro-bashing. The euro has even been blamed for causing, or at least exacerbating, the Eurozone’s crisis. One …
In three recent rip-off round-ups, title insurance and college textbooks have consumers riled up, as have unnecessarily expensive—or just plain unnecessary—home repair jobs.
South Korean President Lee Myung Bak made big news by announcing a new slate of sanctions against North Korea, including the cessation of all trade between the two Koreas. The steps are in retaliation for the sinking of a South Korean naval vessel in March, which more and more evidence shows was the result of a North Korean attack. …
“Stores are open all the time, parking is easy and a lot of people treat shopping as a sort of recreational activity, and stuff is amazingly cheap. It’s the same problem we have with fast food. Fast food is so cheap, it’s just tempting to eat a lot of it.”
Some salespeople will do just about anything to convince you to purchase. But by creating a culture in which sales must be closed at any cost, a business may pay the ultimate cost, with brands that turn customers off, sales that cannot be sustained, and efforts that in the long run are failures.
Once again, the wisdom of crowds doesn’t look so smart. A few months ago the prevailing wisdom was that mortgage rates were headed up. Why? Well, for so many reasons. Government borrowing was going to push up interest rates. The economy was recovering. And of course, we were soon going to be hit by massive inflation (even though the …
