Witches’ brew is defined as a threatening mixture or diabolical concoction. Perhaps the most iconic example is from Macbeth. The witches in Shakespeare’s story stand over their caldron and recite the famous line "Double, double...
Last week’s sharp increase in “vol” (or volatility, for the casual observer) of U.S. equities was a subtle reminder that financial markets cannot go up in perpetuity.
Efficient market theory posits that alpha is just an anomaly and that efficient markets rule and there is no long-term prospect of managers achieving abnormal returns, obviating the possibility of active portfolio management. There are a...
Oct 13 (Reuters) - Janus Capital Group Inc, fresh from hiring bond star Bill Gross, said on Monday it planned to make its first foray into the booming exchange-traded funds space through the acquisition of VelocityShares parent, VS Holdings Inc...
In the days before radar and radio, ships could often not tell friend from foe on the high seas. So, it was common practice in the 18th century maritime world for the captain of a ship to order a “shot across the bow” to hail an...
