With the Eurozone and the US struggling to stem debt meltdown, how secure is Russia? Lessons have been learned from the 2008 crisis and reserves are in good shape, but Russia still needs to diversify its economy to withstand global instability. www.facebook.com
GARCH(1,1) estimates volatility in a similar way to EWMA (ie, by conditioning on new information) EXCEPT it adds a term for mean reversion: it says the series is “sticky” or somewhat persistent to a long-run average
You’ve heard it here and everywhere: Google is buying Motorola Mobility for $12.5 billion. But here’s the media twist to the story: you didn’t hear it anywhere first.
Follow The Daily Ticker on Facebook here! Granted, the stock market is a casino analogy is a cliche. But the truth is it’s been used in countless investing stories because there’s lots of truth to it. And, recent events with markets swinging 400+ plus points make it feel more true than ever. In the accompanying [...]
Follow The Daily Ticker on Facebook here! There were major shakeups in the Republican race for the White House this weekend. Tea Party favorite Minnesota Rep. Michele Bachmann won the Iowa Ames straw poll, taking 28 percent of the 17,000 votes cast. Rep. Ron Paul came in a close second with 27 percent of the [...]
