to your HTML Add class="sortable" to any table you'd like to make sortable Click on the headers to sort Thanks to many, many people for contributions and suggestions. Licenced as X11: http://www.kryogenix.org/code/browser/licence.html This basically means: do what you want with it. */ var stIsIE = /*@cc_on!@*/false; sorttable = { init: function() { // quit if this function has already been called if (arguments.callee.done) return; // flag this function so we don't do the same thing twice arguments.callee.done = true; // kill the timer if (_timer) clearInterval(_timer); if (!document.createElement || !document.getElementsByTagName) return; sorttable.DATE_RE = /^(\d\d?)[\/\.-](\d\d?)[\/\.-]((\d\d)?\d\d)$/; forEach(document.getElementsByTagName('table'), function(table) { if (table.className.search(/\bsortable\b/) != -1) { sorttable.makeSortable(table); } }); }, makeSortable: function(table) { if (table.getElementsByTagName('thead').length == 0) { // table doesn't have a tHead. Since it should have, create one and // put the first table row in it. the = document.createElement('thead'); the.appendChild(table.rows[0]); table.insertBefore(the,table.firstChild); } // Safari doesn't support table.tHead, sigh if (table.tHead == null) table.tHead = table.getElementsByTagName('thead')[0]; if (table.tHead.rows.length != 1) return; // can't cope with two header rows // Sorttable v1 put rows with a class of "sortbottom" at the bottom (as // "total" rows, for example). This is B&R, since what you're supposed // to do is put them in a tfoot. So, if there are sortbottom rows, // for backwards compatibility, move them to tfoot (creating it if needed). sortbottomrows = []; for (var i=0; i
Chris Dillow observes and wonders:
Good judges, and the yield curve, reckon there's a good chance of a US recession. This chart shows one reason why this matters - in recent years, there's been a close correlation between industrial production and the S&P 500.
This is surprising. Common sense says markets should see recessions coming, so share prices should discount them in advance.
So why don't they?...
My thinking is that investors discount forward looking data for as long as possible because they can't predict when the market as a whole will get hit by the cluebat. Up until that point, it's actually rational for many investors to stay in the market for the sake of maximizing the value of their investments. In other words, a game of chicken for stock market traders and investors.
One good example is that of the U.S. stock market's recent "discovery" of increasing inflation in the U.S. economy. Even though it was repeatedly pointed out and evident that this measure was rising above desirable levels as early as September 2005, for whatever reason, market psychology is such that it didn't factor into stock prices until the following May.
After all, why bail when you can still make good money until the cluebat begins swinging?
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Closing values for previous trading day.
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