Barton Biggs, the former chief global strategist for Morgan Stanley (Ticker Symbol: MS), who warned three years before the crash in Dot.com companies that stocks were too expensive, died at the age of 79 years old.
From August 1 through August 10, when the Standard & Poor’s 500 Index plunged 13.3 percent amid surging volatility, high-frequency firms tripled their volume and may have accounted for 75 percent of U.S. shares changing hands.
With gas prices jumping an average of 30 cents per gallon over the past month, maybe you thought the oil companies were just being greedy or gas prices went up because the crisis in Libya was affecting supplies of oil but professional oil traders say that you’re wrong on both counts.
A stock market crash is a sudden drastic decline of stock prices across a significant cross-section of the market. Crashes are often driven by panic amongst the investors.
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About Worst Stock Market Crashes
Our articles published here focus on a wide range of stock market crash topics, with an emphasis on how to identify patterns leading up to Stock Market Crashes.