The US Financial System and its Crises. From the 1907 Panic to the 2007 Crash: by Giorgio Pizzutto, London, Palgrave Macmillan, 2019, 219 pp., €71.68 (hardcover), ISBN 978-3-030-144883doi:10.1080/09538259.2020.1785685Maria Cristina Marcuzzo...
The Dow closed Monday down nearly 13% – its sharpest decline since the Black Monday crash of 1987, bringing the index to its weakest close in more than three years. The Standard & Poor's 500 dropped nearly 12% – also its sharpest drop in more than three decades. "Developments over the...
The paper mainly focuses on the US stock market and the corresponding impacts on the US economy. Firstly, the stock market crash in 1987 and 2020 will be compared, and the potential factors as well as its aftermath––including policy reactions, financial contagion, debt level unemployment rate...
Shares of McGraw-Hill plunged 13.8 percent on Monday after the company said it was expecting the lawsuit, marking their biggest one-day percentage decline since the 1987 stock market crash. watch now VIDEO03:25 S&P: Civil Lawsuit Threatened by DOJ Unjustified The news also caused shares of Mood...
1987 5.7% 3.5% 4.4% Black Monday 1988 5.3% 4.2% 4.4% Fed raised rate 1989 5.4% 3.7% 4.6% Reforms made to address S&L Crisis 1990 6.3% 1.9% 6.1% Recession 1991 7.3% -0.1% 3.1% Desert Storm; Min. wage $4.25 1992 7.4% 3.5% 2.9% NAFTA drafted 1993 6.5% 2.8% 2.7% Omnibus Budge...
Boeing has been reaching confidential settlements with the families of passengers who died, but the relatives of those killed in the Ethiopia crash are continuing to press the Justice Department to prosecute the company in federal district court in Texas, where the settlement was filed. On Wednesday...
to and suffered from the impact of the bursting of several such bubbles in the past such as the tulip bubble mania in 1630's, the South Sea Bubble and the Mississippi Bubble in the 18th Century, Florida's real estate bubble ion 1920's, the stock market crash in 1929 and 1987 etc.,....
The United States is currently engulfed in the most severe financial crisis since the GreatDepression. The crisis was triggered by thecrash in the real est... RJ Caballero,A Krishnamurthy - 《Working Paper》 被引量: 787发表: 2009年 A sheet description of the emission from middle-aged superno...
Does the October 1987 crash strengthen the co-movements among national stock markets? Review of Financial Economics, 3 (1) (1993), pp. 89-102 CrossrefGoogle Scholar Levy and Sarnat, 1970 H. Levy, M. Sarnat International diversification in investment portfolios American Economic Review, 60 (1970...
received widespread attention for his prediction of The Great Depression of 1990 (1987). In his new book, he repeats some of his previous arguments, many based on mainstream economic theories and sound investment guidelines. He argues, for example, that the present state of the stock market is...