A floor trader shows some 2014 Sports Illustrated Swimsuit models the ropes. [Reuters]
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]
Teenage Girl’s “Body Parts,” “Confidence” Have Been Sticking Out To CNBC Reporter Darren Rovell For MonthsBy Bess Levin
This is his story. Read more »
She’s part of the former Treasury Secretary’s reading material this month. Read more »
A copy of Hank Paulson’s memoir just arrived at our office. It is huge and requires more attention than I can give it now. I have, however, skimmed it a bit and so far I can say there’s some stuff that did not surprise me in the least to read about, such as HP’s determination, on display from an early age:
As a boy, I was very goal oriented. It’s what [my wife] Wendy calls my “gold-star mentality.” I no sooner became a boy scout that I made up my mind to be come an eagle scout, which I did, at 14.
And some stuff I was surprised (and thrilled) to hear about, like the former Treasury Secretary rubbing one out:
CNBC would like you to know it will be airing a one-hour special on Sports Illustrated‘s annual swimsuit issue, on February 9 at 9PM, when Darren Rovell will interview a bunch of former SI models (Cheryl Tiegs, Carol Alt and Kathy Ireland), there’ll presumably be lingering close-ups of the cover at left, and, maybe, a behind the scenes look at the shoot. So, mark your calendars. Or, just watch actual porn. Do one of these two things.