Word: pricedness
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The stock market was too low at the beginning of the month because it had all of the bad news of the next two years priced into it. That is, at least, what the current buyers are saying. All of the high unemployment and poor corporate numbers had been taken...
It’s not difficult to find posters of Pink Floyd or the latest Hollywood hottie gracing the walls of student dorms. But original Harvard student artwork? Not so much. Paris A. Spies-Gans ’09 and Margaret M. Wang ’09 want to change...
The car owner who has a 2002 Mercury Grand Marquis probably paid about $30,000 for it. The car is probably worth $5,000 now. A person with modest experience and skills with auto repairs can rebuild that car for about $5,000. The car will need new breaks. It...
At the moment, there are few buyers for the toxic assets that are poisoning Citigroup, Bank of America and other major financial players. The unsellable loans sit on the banks' balance sheets at a huge loss, priced from zero to an optimistic 60% of what they might have sold for...
Even when their wallets are thin, people will always need to eat—and despite the economic crisis, they might still be willing to spring for their favorite restaurant’s seared hanger steak with a glass of red wine.Considering that the Square’s eateries are...