Can the DJIA at 10,000 Inspire "Animal Spirits?"
The Dow Jones Industrial Average hit a year-to-date high and jumped above 10,000 on Oct. 14, and the next day hit another high of 10,062.94. Unless you are short, this is good news for you and for your clients.
The Latest Oil Crisis
Let's start with a couple disclosures. First, having lived through the disastrous economic consequences following the first Arab oil embargo in 1973, and having been...
A Textbook for the Education of Tomorrow's Quants