okay

U.S. stocks experience significantly better returns during years when an American model graces the cover of the Sports Illustrated swimsuit issue than during years when the magazine cover features a foreign model, history shows. The S&P 500 had an average return of 14.3 percent during the 17 years since 1978 that featured an American, with positive returns a whopping 88 percent of the time, according to the Bespoke Investment Group blog. That’s about four percentage points above the average return during the years that featured a model from another country. The difference would be even greater, if not for the failure of the indicator in 2008, when the S&P 500 plunged 37 percent after Sports Illustrated featured American-born Marisa Miller and Lehman Brothers collapsed. Last year, Russia’s Irina Shayk graced the cover and the U.S. benchmark subsequently returned a disappointing 2.1 percent. [CNBC]


[via MandyCNBC]

Nothing official yet but it seems pretty clear that the following anecdote…: Continue reading »

Blogs. Continue reading »

Here’s her thinking: Continue reading »

Earlier today on Wall Street, a group of individuals stripped naked as part of their demand for transparency in the financial world. “I’m trying to illuminate a dark cranny in the financial world,” performance artist Zefrey Throwell, whose mother “her entire life savings in the stock market crash of 2008,” told Metro. “Its been three years and nothing has changed. It’s still mysterious.” A dark cranny of the financial world wasn’t the only thing that got illuminated, as the group’s “commentary against the financial industry” apparently involved some intense nude lunging. (Probably NSFW, unless you work for Ron Jeremy’s new consulting firm or at SAC.) Continue reading »

Wang Gonquan is known as “an icon in Chinese investing circles.” Recently, WG decided to make an honest woman out of his mistress and decided to let his followers, friends and family know Sina Weibo, China’s Twitter. “I am giving up everything and eloping with Wang Qin,” he wrote. Then he got reflective and penned “An Ode To Elopement,” which he then shot himself singing softly in front of “an expanse of water in dim light.” According to the Journal, the lyrics go something like this: Continue reading »