On Thursday, Amazon CEO Jeff Bezos became the richest man in the world. When Amazon's earnings missed expectations and its stock fell later that day, Bezos was dethroned by Bill Gates. As of Friday, Bezos holds the not-too-shabby title of second-wealthiest man in the world, with a net worth of $85.9 billion.
It's no surprise that certain areas are more profitable for home sellers than others, but it certainly is surprising which places those are. ATTOM Data Solutions, a property data company, just released its Q2 2017 U.S. Home Sales Report. They examined
JPMorgan warned its clients to hedge against a market drop because extremely low volatility often precedes a sell-off. "It is safe to say that volatility has reached all-time lows, and this should give pause to equity managers," quantitative and derivative strategist Marko Kolanovic wrote in a note clients Thursday. The CBOE Volatility Index (^VIX), or VIX, is a key measure of market expectations of near-term volatility conveyed by S&P 500 (^GSPC) stock index option prices, according to the CBOE.