|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.
One of the biggest impacts of the Internet of Things is and will continue to be on data; specifically data volume, management and usage. Companies are scrambling to adapt to this new and unpredictable data reality with legacy infrastructure that cannot handle the speed and volume of data. In his session at @ThingsExpo, Don DeLoach, CEO and president of Infobright, will discuss how companies need to rethink their data infrastructure to participate in the IoT, including: Data storage: Understand...
Mar. 1, 2015 05:00 AM EST Reads: 2,321
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use c...
Mar. 1, 2015 04:00 AM EST Reads: 2,883
Sensor-enabled things are becoming more commonplace, precursors to a larger and more complex framework that most consider the ultimate promise of the IoT: things connecting, interacting, sharing, storing, and over time perhaps learning and predicting based on habits, behaviors, location, preferences, purchases and more. In his session at @ThingsExpo, Tom Wesselman, Director of Communications Ecosystem Architecture at Plantronics, will examine the still nascent IoT as it is coalescing, includin...
Mar. 1, 2015 03:30 AM EST Reads: 2,424
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impac...
Mar. 1, 2015 02:00 AM EST Reads: 3,017
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of present...
Mar. 1, 2015 12:00 AM EST Reads: 2,945
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applicatio...
Feb. 28, 2015 05:00 PM EST Reads: 1,378
VictorOps is making on-call suck less with the only collaborative alert management platform on the market. With easy on-call scheduling management, a real-time incident timeline that gives you contextual relevance around your alerts and powerful reporting features that make post-mortems more effective, VictorOps helps your IT/DevOps team solve problems faster.
Feb. 28, 2015 05:00 PM EST Reads: 1,168
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, will discuss why containers should be paired with new architectural practices such as microservices ra...
Feb. 28, 2015 04:00 PM EST Reads: 1,392
Roberto Medrano, Executive Vice President at SOA Software, had reached 30,000 page views on his home page - http://RobertoMedrano.SYS-CON.com/ - on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, and SOA World Magazine. He is a recognized executive in the information technology fields of SOA, internet security, governance, and compliance. He has extensive experience with both start-ups and large companies, having been ...
Feb. 28, 2015 04:00 PM EST Reads: 1,134
Companies today struggle to manage the types and volume of data their customers and employees generate and use every day. With billions of requests daily, operational consistency can be elusive. In his session at Big Data Expo, Dave McCrory, CTO at Basho Technologies, will explore how a distributed systems solution, such as NoSQL, can give organizations the consistency and availability necessary to succeed with on-demand data, offering high availability at massive scale.
Feb. 28, 2015 03:45 PM EST Reads: 2,226
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, de...
Feb. 28, 2015 03:30 PM EST Reads: 3,994
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focu...
Feb. 28, 2015 03:15 PM EST Reads: 1,262
Security can create serious friction for DevOps processes. We've come up with an approach to alleviate the friction and provide security value to DevOps teams. In her session at DevOps Summit, Shannon Lietz, Senior Manager of DevSecOps at Intuit, will discuss how DevSecOps got started and how it has evolved. Shannon Lietz has over two decades of experience pursuing next generation security solutions. She is currently the DevSecOps Leader for Intuit where she is responsible for setting and driv...
Feb. 28, 2015 03:00 PM EST Reads: 2,172
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing...
Feb. 28, 2015 02:00 PM EST Reads: 1,228
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes ...
Feb. 28, 2015 01:45 PM EST Reads: 1,160