The oldest exchange worldwide is the Frankfurt Stock Exchange, based in the late sixteenth century. That led to Lehman going bankrupt — and offered a historic and painful lesson to different companies of the hazard of high financial leverage, and how it can typically contribute to stock market crashes. Bear markets are likely to dissipate fairly shortly and bull markets final lots longer.
While a comparatively small share of American families (14%) are instantly invested in particular person stocks, a majority (fifty two%) have some level of investment in the market. Most of this comes in the type of retirement accounts corresponding to 401s. The drawback with expecting Tobin’s Q to play out as theorized is that the monetary value of U.S...Read More