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As indicated in the Wall Street Journal article on October 28, 1987, “Ms. Garzarelli, a research analyst and money manager for Shearson Lehman Brothers, Inc., turned bearish on Sept. 9. By Oct. 12, when she appeared on Cable News Network’s “Money Line” program, she was fiercely bearish, predicting an imminent collapse in the stock market.
Monday was a dark day for stock market investors worldwide. The pain started in Asia, where Japan’s Nikkei 225 cratered more than 12% in its worst day since 1987, while South Korea’s KOSPI ...
August 6, 2024 at 1:17 AM. Michael M. Santiago—Getty Images. Good morning. After months of worrying about AI bubbles, interest rates, Big Tech, elections, inflation, geopolitics, recession risk ...
The first products of Dow Jones & Company, the publisher of the Journal, were brief news bulletins, nicknamed flimsies, hand-delivered throughout the day to traders at the stock exchange in the early 1880s. They were later aggregated in a printed daily summary called the Customers' Afternoon Letter.
Stock market prediction. Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange. The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available ...
August 5, 2024 at 4:25 AM. Wall Street's busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed ...
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was the global, severe and largely unexpected [ 1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [ 2] The severity of the crash sparked fears of extended economic instability [ 3] or even a ...
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