Wednesday, June 30, 2010

Volatility

Several years ago,I watched a TV program arguing the ever changing world. It had used some data to prove that the world was changing faster than ever. It thought the world would alter even faster,by a mathematical function,in the near future.

Nowadays we can prove that theory in stock markets. The world is bounded altogether now.With crippling effect everywhere,one single stock market would be infected by a news happening far far away,and thus triggers reaction by near-by markets,forms a chain reaction and eventually leads to massive selloffs.

Due to the state-of-the-art technology,information can flow back and forth around the globe in real time,which can multiply the already contagious market fear and make people to overreact.

That is volatility. For us,volatity would not fade away,but would get to strengthen in this information age. 

Tuesday, June 22, 2010

Deepwater Horizon Oil Spill

The Gulf of Mexico oil spill incident has all the world's attention. It has been developing since,maybe,two months ago,and has showed no signs of stop.

The oil may have seeped into streams,which would circulate around the Atlantic and carry it all the way to Canadian East,and probably western Europe as well.

Since the day of one of BP's many rigs exploded on the sea,it was doomed to be a disaster. Now that this incident is known to be caused from one mile below water surface,it's more complicated and diffulcult to rescue.

Everyday,when news broadcsats the oil relentlessly coming out from the underwater well,one just hopes it could be capped or collected as soon as possible,but no one actually knows how to do that even they're genius scientists,for now.