BUSINESS Data We Can All Learn From

Impact varies by account balance: This Issue Brief estimates changes in average 401(k) balances from Jan. The uptick rule is essentially means that you cannot short a stock until there is a green uptick in its price, which means the stock has to go up before you can short it. On December 31, 1927, two years before the stock market crash in October 1929, for the first time a number of companies split their shares. Recovery time and future stock market performance: This analysis also calculates how long it might take for end-of-year 2008 401(k) balances to recover to their beginning-of-year 2008 levels, before the sharp stock market declines. In 2007 and 2008, the American economy found itself once again teetering on the edge of another economic slide. A crash happens when no-one wants to buy stock, and the shares become almost worthless.

This review of the literature suggests that the disagreements and debates over the crash reveal as much about what can and cannot be known for certain about the event as they do about potential answers to the mysteries of the crash. The Great Depression started with the Great Market Crash, causing serious economic problems in some other countries. From the 60-day DJI chart (see chart above) we may see that the critical moment in the recent crash happened in the period from September 15 until September 19, 2008. The index displays the image of the price development of the 25 most traded shares on the Amsterdam stock exchange. After the Wall Street Crash of 1929, the next important stock market crash occurred in 1987.

Stock market crashes are in fact social phenomena where external economic events combine with crowd behavior and psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. The market recovered quickly after this crash, however, unlike the 1929 crash, which was followed by the Great Depression of the 1930s.

As a result, most attendees’ eyes glazed over as I dove into market dynamics and current market trends. Another kind of decline in stock prices is a bear market – this occurs when there is a steady decline in the stock prices over a few months – and sometimes even years. The Crash was the greatest single-day loss that Wall Street had ever suffered in continuous trading up to that point. That is when people dream up sterile mergers and acquisitions, investment trusts, junk bonds, stock futures, index arbitrage, anything that can keep apparent wealth swelling though real wealth is stagnant. What they were really concerned about wasn’t how I am managing the coming crash within a particular service, but how they, and others, could avoid a crash like we saw in 2008 when it happens again.

Historians often cite the stock market crash of 1929 as the beginning of the Great Depression because it marked not only the end of one of the nation’s greatest bull markets but also the end of widespread optimism and confidence in the U.S. economy. Knowing what their stock market prediction is based on can help you understand if it is going to be useful for you. The great stock market crash of October 1929 brought the economic prosperity of the 1920s to a symbolic end. Likewise, the Japanese Nikkei bear market of the 1990s occurred over several years without any notable crashes.