Archive for the ‘Stock Market Crash’ Category
It suggested that changes in the retirement laws for baby boomers would force a major sell of stocks for this group, thus causing a crash. I am not from the U.S. but what happens on Wall St effects the global stock market. Would appreciate your thoughts on this and the change in the law, should I prepare or not get to concerned about it?
The Baby boomers will retire slowly over a greater than 20 year period. I doubt they will cause a market meltdown. Kiyosaki is a great exaggerator. See these links for a more rational discussion.
I have to do a report on the Stock Market Crash of 1929, and the Great Depression, and I keep reading about it on websites, but it’s all so confusing! Could someone briefly (or thoroughly would be great) explain it, in a way that a 15 year old girl could actually understand? 10 points to the best answer! Thanks.
Like, I don’t even understand what stocks are…
I hope this isn’t due tomorrow young lady!
anyway,
The Great Depression:
http://www.britannica.com/EBchecked/topic/243118/Great-Depression
This will take some time to load as well as this book
The World in Depression by Charles P Kindleberger
Is all the recent fall in share prices a warning of an iminent stock market crash, like the wall street crash in 1929?
Doubt it, there seems to be a lot of panic selling at the moment, but it is already stabilising as of this morning. It is at the lowest point since November 06, hardly a crash.
1 more question
it is the stock market crash of 1929 right? Not 1921?
It is 1929, yes. And, the stock market was actually in a massive boom immediately before the crash. The market moves in cycles, with a slow increase over twenty years or so, then rapid falling, followed by growth again, etc.
If the stock market crashed tomorrow how would it affect us. And how do the dips that have been occurring recently affect us? I mean the lay person in the street.
Just do some research about the crash of ‘29 and see what it did to this country, plus all the other countries. Once big business is in trouble, the whole country, and eventually, the world, follows. When businesses fail, everyone is affected. <*)))><
Is the stock market crash because the US doesn’t produce anything any longer and the Feds have been just printing worthless money? How far will it go? 50%?
The stock market is not crashing by any means. History tells us that once news is out that we are officially in a recession, we’re already halfway out anyway and things will swing upward again. Don’t bail out of the market just yet, because time has been the healer of a poor market for years. Buy at low prices now so that once the market recovers, you’ll have great returns on what would be a bargain right now.
I heard that government does not want to give insurance to WAMU bankrupt.
and..I heard that there is a stock market crash..
so..as a WAMU account holder, what should I do?
do I have to withdraw all of my money?
thanks
but..wasn’t it a stock market crash yesterday?
All depositsss of WAMU under $100,000 are insured by FDIC. After JP Morgan Chase took over all deposit accounts of WAMU, Chase is guaranteeing all deposits even it’s over $100,000 for at least 6 months.
I have checking, savings, cd’s with WAMU. I can continue to write checks under WAMU and all my accounts are secured. Chase and FDIC stated that the transition from WAMU to Chase would be seamless. Even checking account, it would be more than 1 year before you have to change my printed checks. All branches of WAMU would still be called WAMU until Chase announces that the transition has been completed.
Don’t fret, and continue to bank with WAMU. You can even go to WAMU online banking site and find out these information or email WAMU through the site. They will answer all your questions directly.
how did the us depression and stock market crash affect canada?
The one from 1929 – 1939?
The Great Depression affected not just the US, but the entire world!
In pre-depression years, (between 1919 and 1929), Canada had the world’s fastest growing economy, with only a sharp but brief recession during the First World War.
The 1920s had been an especially successful period of growth, with living standards improving remarkably.
Then, Canada was hit hard by the Great Depression.
* Between 1929 and 1939, the gross national product dropped 43% (compared to 37% in the US).
* Unemployment reached 27% at the depth of the Depression in 1933.
* Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
* Families saw most or all of their assets disappear and their debts become heavier as prices fell.
* Canadian exports shrank by 50% from 1929 to 1933.
While all of Canada suffered greatly, the regions and communities hit hardest were those dependent on primary industries such as farming, mining and logging, because commodity prices plummeted around the globe.
Thus, the three Prairie provinces, where the wheat economy collapsed, and the municipalities where mining and logging were a mainstay saw the greatest decrease in per capita income between 1928 and 1933.
More information on it here:
http://www.canadianeconomy.gc.ca/english/economy/1929_39depression.html
http://www.yesnet.yk.ca/schools/projects/canadianhistory/depression/depression.html
http://en.wikipedia.org/wiki/Great_Depression_in_Canada
how did the us depression and stock market crash affect canada?
The one from 1929 – 1939?
The Great Depression affected not just the US, but the entire world!
In pre-depression years, (between 1919 and 1929), Canada had the world’s fastest growing economy, with only a sharp but brief recession during the First World War.
The 1920s had been an especially successful period of growth, with living standards improving remarkably.
Then, Canada was hit hard by the Great Depression.
* Between 1929 and 1939, the gross national product dropped 43% (compared to 37% in the US).
* Unemployment reached 27% at the depth of the Depression in 1933.
* Many businesses closed, as corporate profits of $396 million in 1929 turned into losses of $98 million in 1933.
* Families saw most or all of their assets disappear and their debts become heavier as prices fell.
* Canadian exports shrank by 50% from 1929 to 1933.
While all of Canada suffered greatly, the regions and communities hit hardest were those dependent on primary industries such as farming, mining and logging, because commodity prices plummeted around the globe.
Thus, the three Prairie provinces, where the wheat economy collapsed, and the municipalities where mining and logging were a mainstay saw the greatest decrease in per capita income between 1928 and 1933.
More information on it here:
http://www.canadianeconomy.gc.ca/english/economy/1929_39depression.html
http://www.yesnet.yk.ca/schools/projects/canadianhistory/depression/depression.html
http://en.wikipedia.org/wiki/Great_Depression_in_Canada
The Stock Market dropped more than 900 points in two days. Now it since has recovered nearly 800 of those points, and that’s good.
But I was curious as to what needs to happen before it is called a stock market crash.
There’s not a hard and fast quantity, it’s sort of a judgment call. Over 20% loss in a day is definitely a crash — that’s what happened in 1987. A 5% loss in a day doesn’t seem to be bad enough, no one was really calling it a crash on Wednesday. My guess is that a 4-digit loss of 1000 points would seem significant enough psychologically that people might say "crash".