1929 had Black Thursday. 1987 had Black Monday. 2020 had both… in the same week [Followup]
Main Discussion Sports Business Geek Entertainment Podcast D'awww Food Politics • • •517 clicks; posted to Business » on 12 Mar 2020 at 5:20 PM (2 weeks ago) | Favorite | share: more» Share this link: URL: https://fark.com/go/10741759 Bookmark: Article Comments close #4 is today#12 is Monday Christ on a crutch, it's now down…
Black Thursday: “One Giant Margin Call” Drags Dow Down 10%
Rosenberg Research's David Rosenberg provides our intro today: "The fact that Treasuries, munis, and gold are getting hit tells me that everything is for sale right now. One giant margin call where even the safe-havens aren't safe anymore. Except for cash." The Fed unveiled an unprecedented liquidity facility to rescue…
bubmagMarch 12, 2020
Brief History of that other economic designed crash of 1929!
Brief History of that other economic designed crash of 1929 BBC documentary On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the…
bubmagMarch 9, 2020
New York Stock Exchange Is Founded (1817)
This article is about the stock exchange. For its parent company, see Intercontinental Exchange. The New York Stock Exchange (abbreviated as NYSE and nicknamed "The Big Board"), is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's…
bubmagMarch 8, 2020
What Will This Recession Mean For Biglaw?
Sorry, folks, but I’m afraid it’s here: the recession. We’ve had a good run, some 128 months of economic expansion — more than a decade, the longest expansion on record. But all good things must come to an end. Dating economic cycles is by its nature retrospective, so we won’t…
bubmagMarch 3, 2020
Weekly Climate and Energy News Roundup #399
Quote of the Week: “”Laws are made for men of ordinary understanding and should, therefore, be construed by the ordinary rules of common sense. Their meaning is not to be sought for in metaphysical subtleties which may make anything mean everything or nothing at pleasure.” —Thomas Jefferson (1823) Number of…
bubmagFebruary 17, 2020
How the macho NYSE trader became an endangered species
In 1997, a burgeoning computer company, Gateway, was going public. At the time, the New York Stock Exchange attracted showy launches of new offerings, and because Gateways mascot was a cow, it made sense to parade a 1,400-pound bovine through the trading floo…
bubmagFebruary 15, 2020