In 1893, at the Chicago World's Fair, a former cowboy claimed to have studied with a Hopi medicine man who revealed the healing powers of snake oil.
Last week, amidst the backdrop of global uncertainty, the S&P 500 reached an all-time high.
A 100-mph fastball takes about 0.40 seconds to reach home plate. For reference, a blink of an eye takes 0.30 seconds. The fastest baseball swings typically range from 0.10 to 0.15 seconds.
Fitch Ratings (unrelated to Abercrombie, but just as unpopular) evaluates the creditworthiness and financial stability of various entities, including banks.
Y2K, short for "Year 2000," refers to a computer bug that was expected to potentially cause widespread problems when the new millennium began on January 1, 2000.
The Fed can best be described as a grandparent.
Summary:
One thing that stuck out to me was the difference between treating localized cancers versus systemic cancers. Systemic cancers affect the whole body (i.e.
On average, just one year after a market decline of 10%, stocks rebounded 12.5%, and a year after 20% and 30% declines, the cumulative returns topped 20%.
It's hard to define the current state of the market and economy in a single word. You could call it a quandary, a quagmire, or just a complete and utter mess.
What's funny about weather is that we all interpret it differently. My wife is a Tampa native, and what I described earlier as a "torrential downpour" she might consider as just a "sprinkle." She's...