A part of the recent climb in the VIX has to do with how VIX futures and the spot index converge at monthly futures expiration dates. With the U.S. election nearing, there is a big gap between the VIX, which only covers a 30-day period, and longer-dated futures that cover the election. … [Read more...] about Wall Street’s ‘fear gauge’ spikes but unlikely to be pointing to a market crash
Activists jump nancy pelosis mansion wall
Tesla Inc plunged 18.3% and was set for its worst day in nearly six months after the electric-car maker was excluded from a group of companies being added to the S&P 500.Still, market participants said they did not expect a prolonged sell-off against the backdrop of an accommodative monetary policy by the Federal Reserve, which last week indicated a higher toleration for inflation rising above 2%. … [Read more...] about Slump in Tesla, Apple hits Wall Street as tech rout deepens
A pro tip: Sometimes, gallerists and curators at higher-end galleries may sound snooty, particularly if you are new. Leading dealers also, seemingly, like to place their holdings with established collectors to protect the works’ pedigree, so even if you can afford a major painting, a gallery may not want to sell it to you. Move on to more welcoming galleries and there are several. The art world in India is small and soon, word-of-mouth of your seriousness as a collector or investor is likely to get around even amongst the snootiest of galleries. … [Read more...] about Buying art for dummies: Why you should buy, what you should buy and how you should build up your art portfolio to offer you both joy and great returns
Trump’s remarks arrived during a Fox & Friends interview, which perhaps explains why his guard was down low enough that he gave away the entire game. If voting were easier for everyone of legal voting age and citizenship status, one of the two U.S. political parties—as it currently stands—would have a tougher time winning elections. The GOP’s most vocal critics could hardly have put it more succinctly themselves. … [Read more...] about ‘All In: The Fight for Democracy’ is the only documentary you need to see before this election
These principles are as true today as ever, but we see instances emerging that may need a more deft touch. Many questions are coming up now—What happens after the pandemic? How do we address systemic racism?—that are about longer term issues. They cannot be resolved in a single answer or single step. Yet our tendency as leaders in a crisis may be to respond with a quick answer. There is a sense of urgency about these issues, and we don’t want to seem indecisive. … [Read more...] about What would Bill Campbell do?