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Achieving the Proper Temperature Insights into Gourmet Home Cooking Products, Techniques, and Burned Yams

by Eric Norman I recently burned roasted yams. Luckily it was Thanksgiving, so nobody really cared because we needed to have yams. Plus they were still rather tasty. But it bothered me, and I tried to think of why. Perhaps because I added maple glaze and didn’t reduce the cooking time. Perhaps my oven is different than the oven used to develop the recipe. It is not uncommon for ovens to deviate by 50 degrees around their setting. Oven temperatures can also drift over time, slipping out of calibration. Accomplished chefs know this, but to the average home cook it…

Predictive Patterns in Financial Markets

by Allan Timmermann Ever wondered why it is so difficult to forecast stock prices, movements in exchange rates, or the direction of the gold market? It is certainly not for lack of trying. Legions of professional fund managers, institutional investors, laymen, and market gurus are constantly scouring for any empirical evidence, news story, mathematical model, or computer algorithm that might give them an edge in profiting from higher returns by identifying predictable patterns in financial payoffs. This quest for predicting future stock, oil, or gold prices will only get more intense in a world with big data. After the recent…

Will the Bubble Burst on Dubai?

by Rex Motes Although the original stimulus for Middle Eastern economic expansion is the huge revenue surplus from oil exports, more recently, billions of dollars in investor capital have been flowing into the United Arab Emirates (UAE) to further fuel the country‚Äôs economic boom. Some economists are predicting Dubai, UAE, to sustain eight consecutive years of 11 percent annual growth in real gross domestic product regardless of the global credit crunch.1 It is anticipated that the main driver for the surge in economic growth will be attributed to the non-oil sector, helping Dubai outpace growth rates of other Gulf Cooperation…