Black Monday
On October 19, 1987 stock markets around the world crashed, a global financial crisis which started from Hong Kong and was spread to Europe and the United States as well. It came be to...
Category: Finance
Dow Jones Industrial Average
The Dow Jones Industrial Average(DJIA), often simply referred to as the “Dow Jones”, is one of the market average indices, which measures the price-weighted average of the 30 large publicly owned companies traded on...
Moral Hazard
Moral hazard was first used in the insurance industry, but can also be observed in many other situations. The term refers to the negative behavior of an individual or a group being insured. When...
Mark Twain Effect
“October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.” The Above mentioned quote is adopted...
