By Michael Snyder, on August 26th, 2015On Wednesday we witnessed the third largest single day point gain for the Dow Jones Industrial Average ever. That sounds like great news until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis. This is a perfect example of what I wrote […]
Ahmad Nawawi/FlickrInvestors and financial journalists scrambling to find an explanation for the recent plunge in global stock markets have plenty of suspects. Some look abroad for scapegoats: Greece or China. Others blame Janet Yellen: the Federal Reserve she chairs is at long last on the verge of raising interest rates, if only slightly. Personally, I blame the decline in share […]
China’s stock markets have lost all the gains they made in 2015. Photograph: Zhang Yixi/Xinhua Press/Corbis
What has happened in China?China’s stock market has fallen sharply over recent weeks despite measures by officials in Beijing aimed at calming investors’ jitters and shoring up global confidence in the country’s slowing economy.Shares in China had soared 150% in the 12 months to mid-June […]
US traders work on the floor of the New York Stock Exchange at the start of the trading following ‘Black Monday’ in China. Photograph: Justin Lane/EPA
Related: Asian stock markets fall again after Wall Street slump – live
Financial markets have gone cold turkey. For the past seven years, they have been given regular doses of strong and dangerous narcotics. The threat […]
Stock Market Panic! Why is It Happening?
Perhaps stock prices for past few years were to a large extent an inflationary bubble.
Brian Doherty|Aug. 24, 2015 11:57 am
Everything is multicausal, economies and markets are complicated things, and at base the only thing we can know for sure about why prices start to plummet is that, other things being equal, lots of people […]
Business InsiderThe BI Markets team!See AlsoQ&A: What’s behind the China’s yuan devaluationHere’s why China is weakening its currencyDeutsche Bank on China’s crazy stock market: ‘There’s no obvious explanation’Global markets are making a woooooooooooshing sound Monday morning as everything tanks.Why is this happening, and should you be worried?Well, I talked to our Markets team. It is inarguably made up of the […]
Collapse of US stocks due to ‘a confluence of negative attributes’. US stock markets staged a stunning recovery on Monday after plunging to dramatic lows earlier in the day as markets across the world went into meltdown over ongoing fears of a collapse in the Chinese economy.The Dow Jones Industrial average was down 200 points, or 1.2%, at 16,257 points […]
investing.comStocks are rolling over again. It’s been a chaotic day in markets, with the Dow crashing more than 1,000 points, the S&P 500 was down 120 points, and the Nasdaq was down 393 points shortly after the market open. All of the major averages were down 5% or more at their worst levels. The market recovered most of its losses during the morning, but near […]
As per the recent reports on US stocks, it has crashed more than 2% for the second session, as Dow Jones Industrial Average dropped much more than 500 points. The sudden downfall in the US stocks has raised fears of economic slowdown globally. Most markets from US to China have entered within the correction territory especially after the stocks were […]
The U.S. stock market is in the midst of a minor panic attack, and it’s taking America’s favorite stocks with it.
Apple and Disney are two of the most beloved stocks among regular Joe and Wall Street investors. Both got hammered this week. Apple fell almost 9% and Disney slid nearly 8%.Then there’s Netflix. The stock has been on fire this […]