Word: indexable
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...next month. Broad Brush, an affable bay who likes to be taken on joyrides in his trainer's van, came third. All around, it was a happy day for practically everyone but the 1-2 favorites Snow Chief and Badger Land, who finished eleventh and fifth. By the Dosage Index, a perplexing pedigree calibrator much under discussion these days, Snow Chief's fate had been foretold. But the betting public ignored the arithmetic and forgot the old man. Sentimentalists collected $37.40 for $2 on Willie...
...ultimately would cost less than HMC depends on the endowment's performance. "If it costs the University less to put all the assets in external management and performance is no good, that doesn't prove anything," says Cabot. While a majority of investment managers underperformed the Standard and Poors index of 500 stocks this year, Harvard's stock portfolio outperformed the market benchmark, says Cabot...
Overall, the price plunge is acting, in the words of Merrill Lynch Analyst Constantine Fliakos, "like a huge tax break" for the U.S.--or at least for those Americans who are not in the oil business. February's dramatic .4% fall in the Consumer Price Index, the biggest decrease since 1953, was largely the result of dropping oil prices. Says Maryann Keller, an auto analyst at Vilas- Fischer Associates: "The real impact of declining oil prices is what you're going to do with the extra money in your wallet after you've visited the gas station. Maybe...
...last time prices fell so sharply Dwight Eisenhower was in the White House and From Here to Eternity was playing in local movie theaters. The Department of Labor reported last week that the Consumer Price Index fell by 0.4% in February, its steepest decline in more than 32 years. Main reason: a 6.8% drop in energy costs because of plummeting oil prices. Food costs also tumbled, largely as a result of overproduction by U.S. farmers. The average price of fruits and vegetables fell...
...major commercial computer networks. An on-line catalog called Comp-u-store lists discount prices of as much as 50% on 250,000 brand-name consumer items, from Hickory Farms sausages to Stanley Tools wrenches, and accepts electronic orders for any of them. A-Z Worldwide Hotel Index carries rates and descriptions of 25,000 domestic and international hotels. The Career Network holds 4,000 resumes and 3,000 job openings. Stockvue analyzes the performance of 3,100 common stocks. The IRS provides full-text electronic versions of its 75 most requested tax publications. The FBI prints descriptions...