Stock market crash
Economic Issue
Causes of the Great Depression...loans to finance activity, such as agriculture. Deflation erodes the price of commodities while increasing the real value of debt, which all came to the wall street stock market crash in 1929. More recent research, by economists such as... In this article: Depression, Federal Reserve, Milton Friedman, Deflation, United States, John Maynard Keynes, Murray Rothbard, Recession, Anna J. Schwartz, and Inflation |
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Times Online | November 01, 2009
Back to the Future
...for it. Yet they looked back 80 years, too. Ben Bernanke, chairman of the US Federal Reserve, had literally written the book on the stock market crash of 1929 and the Great Depression. There were obstacles, reversals and regional...
In this article: Capitalism, Recession, Credit crunch, Economics, Goods and services, Waste, Ben Bernanke, and US Federal Reserve
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Huffington Post | November 03, 2009
New Too Big To Fail Bill Gives Feds Power To Freeze Derivatives Contracts
...Democratic doubts and only... "Roosevelt Institute Celebrates A New Agenda for America": Eliot Spitzer, Elizabeth Warren And 13 Others Reflect On The 80-Year Anniversary Of The Stock Market Crash Of 1929 Federal Reserve Chairman Ben...
In this article: Federal Deposit Insurance Corporation, Derivative, Aig, Goldman Sachs, Timothy Geithner, Ben Bernanke, Federal Reserve, Citigroup Inc, and Bankruptcy
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www.washingtonpost.com | March 14, 2008
Paulson Urges Tighter Mortgage Oversight
...1987 stock market crash to monitor markets. It includes Federal Reserve Chairman Ben Bernanke and the heads of the Securities and Exchange Commission and the Commodity Futures Trading Commission. Bernanke said the group's recommendations...
In this article: Henry Paulson, SEC, Recession, Ben Bernanke, Wall Street, U.S., and Inflation
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Seeking Alpha | August 22, 2009
The Fed and the 'Clean Up After Bubbles' Approach
The Fed's first grave mistake, in their view, was the tightening of monetary policy that began in the spring of 1928 and continued until the stock market crash of October 1929 (see Hamilton, 1987, or Bernanke, 2002a, for further discussion).
In this article: The Fed, Recession, Inflation, Ben Bernanke, Alan Greenspan, and Wall Street
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Telegraph.co.uk - Business | August 25, 2009
Ben Bernanke: the man determined not to preside over a second Great Depression
"The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers," wrote Mr Bernanke, who grew up in Dillion, South Carolina.
In this article: Ben Bernanke, The Fed, Alan Greenspan, United States, Inflation, Economics, Bankruptcy, National Press Club, Tim Geithner, and George W. Bush
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Yahoo! News | August 25, 2009
Obama doubles down on Bernanke (Politico)
...in 1931 when it failed to respond forcefully enough to the collapse of several global banks, and allowed the recession that followed the stock market crash of 1929 to erupt into a full blown depression. "I was not going to be the Federal...
In this article: Ben Bernanke, Barack Obama, The Fed, Alan Greenspan, Wall Street, Larry Summers, White House, Economics, and Rob Nichols
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Congressional Quarterly: Politics | February 28, 2009
Political Economy: Straight Talk
...Paul A. Volcker, who had to contend with the most intractable bout of inflation since World War II, and Alan Greenspan, who faced the 1987 stock market crash, the Asia currency crisis of 1997-98 and the Sept. 11 terrorist attacks. Yet...
In this article: Ben S. Bernanke, The Fed, Inflation, Unemployment, and Timothy Geithner
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washingtonpost.com | September 23, 2009
Pearlstein: A New Bubble is Forming on Wall Street
...not repeat the mistakes of 1937 when he claims the stimulus was withdrawn too quickly. Yet that was a full eight years after the stock market crash. Indeed many on Wall Street assert any cutting back on Fed programs, limits on banker pay,...
In this article: Steven Pearlstein, The Fed, Wall Street, FDIC, Washington, D.C, U.S., Oligopoly, Tax, Unemployment, and Inflation
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Reuters | October 15, 2008
US STOCKS-Wall St plummets as data feeds recession worry
By Kristina Cooke Wall Street had its worst day since the 1987 stock market crash on Wednesday, as bleak economic data fed worries that all the efforts to unlock credit markets may not stave off a severe recession. Federal Reserve...
In this article: Recession, Dow Jones Industrial Average, Nasdaq, S&P 500, Caterpillar Inc, Ben Bernanke, State Street Corp, S&P, Federal Reserve, and New York Stock Exchange
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Description from Wikipedia:
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.
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. Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices and excessive economic optimism, a market where Price to Earnings ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants.
There is no numerically specific definition of a crash but the term commonly applies to steep double-digit percentage losses in a stock market index over a period of several days. Crashes are often distinguished from bear markets by panic selling and abrupt, dramatic price declines. Bear markets are periods of declining stock market prices that are measured in months or years. While crashes are often associated with bear markets, they do not necessarily go hand in hand. The crash of 1987 for example did not lead to a bear market. Likewise, the Japanese Nikkei bear market of the 1990s occurred over several years without any notable crashes.
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