After I've been nagging you for a week, today it's finally here: the annual reconstitution of the Russell indices, when hundreds of NYSE- and NYSE Amex-listed issues go in and out of the indices.
That also means today is the final installment in our little Great Russells in World History series. I've saved my personal favorite for last. Today's Great Russell is.....
"The paradox arises in connection with the set of all sets that are not members of themselves. Such a set, if it exists, will be a member of itself if and only if it is not a member of itself."
And you didn't think you were going to learn anything today!
What do all these indices tell us? The answer is: pretty much anything you want to know about the markets in which NYSE Euronext operates, including indices of stocks of various sizes and industries, denominated in dollars or euros; plus indices focusing on various strategies including leverage and short selling. And obviously there's more to tell, because the list is growing. Recently we announced a new global airline index and an index of European companies with low carbon footprints.
