Archivo de abril/2008

Como ocurre con otros t

This is the main title of my beloved «El Pais de los Negocios» yesterday, as of 27 April 2008.
I have added «The Armageddon!» satirically to make it even more dramatic.

I understand they are trying to sell newspapers but I reckon I got a little bit frustrated when I first read it.

This is what happened that Black Tuesday…

On Black Tuesday, the Dow Jones Industrial Average fell 38 points to 260, a drop of 12.8%. The deluge of selling overwhelmed the ticker tape system that normally gave investors the current prices of their shares. Telephone lines and telegraphs were clogged and were unable to cope. This information vacuum only led to more fear and panic. The technology of the New Era, much celebrated by investors previously, now served to deepen their suffering.
Black Tuesday was a day of chaos. Forced to liquidate their stocks because of margin calls, overextended investors flooded the exchange with sell orders. The glamour stocks of the age saw their values plummet. Across the two days, the Dow Jones Industrial Average fell 23%.
By the end of the week of November 11, the index stood at 228, a cumulative drop of 40 percent from the September high. The markets rallied in succeeding months but it would be a false recovery that led unsuspecting investors into the worst economic crisis of modern times.
Although it is popularly believed that the Crash inflicted heavy financial loss on investors during this period, the Great Depression which followed was far more terrible. While the Crash dealt a severe blow to many a stockholder’s portfolio, the Great Depression brought obliteration and bankruptcy. Before it was over, the Dow Jones Industrial Average would lose 89% of its value before finally bottoming out in July 1932.

Have you guys lost your mind?: How come can you compare the crisis of 1929… the mother of all the crisis with this one?

Seguir leyendo…

El mercado LIBOR (London Interbank Offered Rate) ha sufrido un importante envite esta semana. Se ha puesto as

Estimados inversores que busc

A recent study by a Cambridge researcher

Entre la documentaci

Las decisiones de inversi

Numerosos analistas extranjeros se preguntan por qu