Stock market booms, busts and free flow of information | Asia Times
In light of the Chinese, and also Japanese and US governments’ direct interference in their stock and bond markets, the following historical reminders may be in order:
On May 26, 1896, the Dow Jones Industrial Average, an index of a few companies at the time, was first published. Mr. Charles H. Dow, the driving force behind it, predicted that these companies, […]