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
2019 is proving to be an active year for fans of Lévy flight events in the stock market! The S&P 500 (Index: SPX) completed its fifth Lévy flight of the year on Friday, 6 September 2019, as investors completed shifting the time horizon of their future-linked attention from 2019-Q4 outward to 2020-Q1.
We think that investors have shifted their forward-looking focus to 2020-Q1 because that is when the CME Group's FedWatch Tool sees some degree of uncertainty regarding the prospects of a third quarter point rate cut taking place within the upcoming months that are visible within their current time horizon:
Here are the dates we've identified for the timing of the S&P 500's Lévy flight for the year-to-date, along with what our observations of what dividend futures-based model indicates investors were shifting their forward-looking focus from one future quarter to another:
Technically, there was a sixth Lévy flight that occurred near the end of 2019-Q1, as the clock for that quarter ran out and investors shifted their focus toward 2020-Q1. Unlike the other Lévy flight events listed above however, there was very little difference in the expected change in the year-over-year growth rate of dividends projected in 2019-Q1 and in 2020-Q1, which is why stock prices didn't significantly alter their trajectory as they did during all these other, more noticeably volatile events.
Meanwhile, the random onset of new information is what often prompts investors to shift their forward-looking attention from one of point time to another. Here are the headlines we noted in the first week of September 2019 for their market-moving potential.
Barry Ritholtz succinctly summarizes seven positives and seven negatives he found in the week's economics and market-related news over at the Big Picture.
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