Tag: Dow Jones

The Priceless Parable Of Price Discovery

The Priceless Parable Of Price Discovery

“Gentlemen prefer bonds.” So quipped Andrew Mellon in 1929 as stocks fell and investors rushed into bonds, pushing their yields down and prices up. Historians recount that the flight to safety had anything but a smooth landing. Within two years, almost all of the sovereign bonds […]

New Stock Market Crash Inevitable?

New Stock Market Crash Inevitable?

New Stock Market Crash Inevitable by Wim Grommen Every production phase or society or other human invention goes through a so-called transformation process. Transitions are social transformation processes that cover at least one generation. In this article I will use […]

Dow Jones plunges 400 points after open

Dow Jones plunges 400 points after open

The Dow Jones Industrial Average plunged 400 points after the market opened this morning, and then slightly pared its losses to sit at around 350 down, as traders got an opportunity to react to changes in oil prices and a […]