Monthly Archives: May 2008

Presidential inauguration and the stock market

A question asked privately: After the inauguration of Russian president-elect Dmitry Medvedev, the Russian stock market rose by 200+ basis poins over a single day. Was this a significant reaction? Let’s look at it numerically. Here’s the daily history of … Continue reading

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Amazon attacks

The state of New York is trying to force online retailers to collect New York sales taxes. Amazon.com responds with a lawsuit: New York Times blogs: Amazon Sues New York State to Void Sales Tax Rules Wired: Amazon Objects!

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Sharks and surfboard sales

A question from Yahoo! Answers: Explain the impact on the market for surfboards in Southern California.? Large sharks are reported feeding near the beaches of Southern California. The answer your instructor expects is probably along the lines of “demand curve … Continue reading

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An ETF hedge fund?

From Institutional Investor: Calif. Firm Preps ETF Hedge Fund May-01-2008 | Source: Alternative Investment News Hermosa Capital Management is preparing the summer launch of a long/short hedge fund called Hermosa Capital Fund to invest in exchange-traded funds, FINalternatives reports. The … Continue reading

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