|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.
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
Sep. 27, 2016 01:45 AM EDT Reads: 1,286
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
Sep. 27, 2016 01:30 AM EDT Reads: 1,845
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
Sep. 27, 2016 01:15 AM EDT Reads: 1,993
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 27, 2016 12:30 AM EDT Reads: 1,627
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
Sep. 27, 2016 12:00 AM EDT Reads: 1,539
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Sep. 27, 2016 12:00 AM EDT Reads: 1,041
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Sep. 26, 2016 11:45 PM EDT Reads: 2,747
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Sep. 26, 2016 10:45 PM EDT Reads: 446
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Sep. 26, 2016 10:00 PM EDT Reads: 2,673
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Sep. 26, 2016 09:45 PM EDT Reads: 3,011
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Sep. 26, 2016 08:45 PM EDT Reads: 2,166
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Sep. 26, 2016 08:45 PM EDT Reads: 3,405
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 26, 2016 08:30 PM EDT Reads: 1,592
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Sep. 26, 2016 08:00 PM EDT Reads: 2,909
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
Sep. 26, 2016 05:15 PM EDT Reads: 1,604