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Because the average on all other days between 1941 and 1987 was 0.56percentthethe net effect of the biggest noneconomic events was to add an average of less than 1percenttothethe market's one-day volatility.
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The chief effect of the big tech collapse was to eliminate the prevailing method of generating revenue: collecting free money from starry-eyed venture capitalists.
Cosmic microwave background (CMB), also called cosmic background radiation, electromagnetic radiation filling the universe that is a residual effect of the big bang 13.8 billion years ago.
Such surveys aren't always nationally representative -- and are commissioned by companies that sell staffing services or H.R. software products -- but still provide a little snapshot of the Monday-after effect of the Big Game.
The beneficial impacts of the European Central Bank's quantitative easing programme have started to wear off, as has the effect of the big drop in oil prices in the second half of 2014.
And whether the effect of the big game on Monday morning really is to turn corporate cube farms into ghost towns, there are signs of a real productivity hit.
Sunyaev's important early work concentrated on using the CMB (electromagnetic radiation that is a residual effect of the big bang) to uncover the early history of the universe.
While the settlement lucre has made the nation's trial lawyers and state capitals ironic partners in Philip Morris' business, a secondary effect of the big price hikes it spawned is quietly reshaping the cigarette industry: an exploding gray market.
Unfortunately the difficulty in fitting such models often limits our ability to evaluate the effect of the big approximation in real-world dynamics.
And the new number has little effect on the big picture of climate change.
This had the double effect of exposing the biggest weakness of David Cameron and implying that he will be different from Tony Blair.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com