I came across this chart over the weekend. It looks at the volatility of stock, bond and currencies markets. The article that accompanies it falls into a trap I have commented on before namely, that volatility and changes in volatility are predictive. My view is that they are post-dictive – that is they react after…
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I can see this catching on. According to the report, the billionaire businessman managed to swindle the state out of $2.6 billion, in a scam that began back in 2007. The execution happened suddenly, without giving Khosravi any notice, according to his attorney, Gholam Ali Riahi. More here – Latin Post
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With old Tommy no longer with us and as a tragic Richmond supporter I thought it was worth giving this a run again.
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