|By PR Newswire||
|February 19, 2014 03:18 AM EST||
NEW YORK, Feb. 19, 2014 /PRNewswire/ -- We've always believed that high-powered Wall Streeters have achieved their success thanks to a thorough understanding of complex economic computations combined with their calculated willingness to take risks based on potential perceived rewards. But new research (published in Proceedings of the National Academy of Sciences) has just documented that the stress traders experience when the market is volatile can seriously inhibit their ability to make smart financial decisions. The study, authored by Professor John Coates, a Cambridge university neuroscientists and former Wall Street trader, shows that levels of the stress hormone cortisol increased by an average of 68% in traders during periods of increased market volatility. In his groundbreaking study, Professor Coates mimicked the stress-related cortisol increase pharmacologically and found that as cortisol increased, subjects became almost "frozen" in their willingness to take risks. In fact, the appetite for risk collapsed, by as much as 44 percent according to one measure, in those with raised cortisol.
The implications are important for all of us who rely on investments (401k's, retirement plans, etc.), but are most important for the broader financial world because subclinical stress affects traders' risk-taking behavior. Thus, the study throws into doubt a fundamental assumption embedded in economics that risk preferences are stable. "This assumption, mostly hidden from view, underlies almost every economic model and, it turns out, every indicator of market sentiment," Professor Coates told Financial Times. "The stress response may thereby exacerbate market instability and prolong crises," he concludes. "There is a powerful physiological mechanism at work in the markets, and no one – not the traders, not the risk managers, not the policy makers – is aware of it," he says. It may also play a role in financial crises, preventing investors from putting money back into the economy, which is critical to sound economic health.
So what does all of this have to do with Relacore® Extra? Ever since the original Financial Times story detailing Professor Coats' research was highlighted on the Drudge Report, sales of this stress reducer has seen an unexpected increase at New York City retailers such as Walgreens, CVS, GNC and Duane Reade. Why has this "feel-good" formula got the business world buzzing? "Relacore Extra is a non-sedating mood enhancer that is specifically formulated to help minimize the negative aspects of stress," says Dr. Amy Heaton, PhD, Director of Women's Health and Nutrition for The Carter-Reed Company™, Relacore Extra's distributor. "Relacore Extra was designed to help reduce stress, reduce mild anxiety, improve mood, fight mid-day fatigue, and increase energy. The reduction in stress and mild anxiety Relacore Extra can offer is really perfect for Wall Street traders. This is especially so because Relacore Extra is non-sedating and thus will not interfere with peak energy levels or dull the decision-making process." And it explains why Relacore Extra may soon become a staple among high-pressure traders and business execs.
"This isn't the first time Relacore Extra has found popularity in an unexpected market," says Gina Daines, spokesperson for Carter-Reed. "Although it was originally designed as a 'feel-good' pill, when researchers really started to understand the link between stress, cortisol, and belly fat, people began using Relacore Extra as a weight-loss adjunct because of its ability to reduce stress and mild anxiety. And now it's been America's #1 'Belly Fat' Pill for almost six years! More recently, researchers have begun tying stress to the rate at which our skin ages, and Relacore Extra has been 'reborn' as an anti-aging staple. So I'm not surprised that Relacore Extra is finding itself another unexpected, but well-deserved, reputation as 'Wall Street's Secret Weapon.' It's truly an amazing formula!"
Where can you find Relacore Extra? It's available at smarter retailers nationwide, or direct from The Carter-Reed Company at www.Relacore.com or call 1-800-429-4134. Use promo code WALLSTREET7 at checkout and get free shipping.
*Free standard shipping in the continental U.S. only.
All trademarks are the property of their individual owners.
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 24, 2017 10:15 AM EDT Reads: 3,217
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 24, 2017 10:00 AM EDT Reads: 113
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 24, 2017 09:45 AM EDT Reads: 2,711
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Mar. 24, 2017 09:45 AM EDT Reads: 2,638
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Mar. 24, 2017 09:30 AM EDT Reads: 160
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 24, 2017 09:15 AM EDT Reads: 1,544
Now that the world has connected “things,” we need to build these devices as truly intelligent in order to create instantaneous and precise results. This means you have to do as much of the processing at the point of entry as you can: at the edge. The killer use cases for IoT are becoming manifest through AI engines on edge devices. An autonomous car has this dual edge/cloud analytics model, producing precise, real-time results. In his session at @ThingsExpo, John Crupi, Vice President and Eng...
Mar. 24, 2017 08:45 AM EDT Reads: 3,599
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 24, 2017 08:45 AM EDT Reads: 1,463
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Mar. 24, 2017 08:30 AM EDT Reads: 4,199
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Mar. 24, 2017 08:30 AM EDT Reads: 1,846
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 24, 2017 08:15 AM EDT Reads: 825
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
Mar. 24, 2017 08:15 AM EDT Reads: 2,831
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Mar. 24, 2017 08:00 AM EDT Reads: 7,273
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Mar. 24, 2017 08:00 AM EDT Reads: 3,857
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
Mar. 24, 2017 08:00 AM EDT Reads: 3,946