Look out below; America's stockmarket has climbed to dizzying heights. Is it overvalued? And would a crash cause economic disaster?
Article Abstract:
The Dow Jones Industrial Average has risen in value almost 50% since 1994, and some analysts worry that the market is overvalued. If the market does crash, it could have devastating repercussions for the rest of the economy. The Federal Reserve Board's reaction is key to maintaining stability.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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How does your stockmarket grow?
Article Abstract:
The unpredictable nature of stockmarkets have not deterred many developing countries from creating their own bourse. Economic studies on the impacts of stockmarkets on economies have shown that liquid stockmarkets act as catalysts for growth because they encourage banks to lend.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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The forgotten China play: Taiwanese stockmarket
Article Abstract:
Rumors of scandal in the Taiwanese stockmarket have resulted in defaults of $355 million in share transactions. Federal agents are investigating prominent stockmarket speculators for illegally controlling share prices.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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