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The US Stock Market
Beginning of Essay
As of February 24, 1997 the United States stock market has seen only two major crashes since the first seat on the New York Stock exchange was sold in 1850. Both the 1929 and the 1987 crashes turned the Dow Jones Industrial Average downward by almost 23% each. On .... Middle of Essay
.... And with the Dow Jones Industrial Average (DJIA), the Standard and Poor's 500, and Nasdaq Composite continuing to break new records, many in the financial world are worrying about what is in store for the market this year. Specifically, they are concerned whether or not the stock market will correct (or worse, crash) in 1997. In focusing on the possibility of a market correction or crash this year, some arguments for and against will be examined.
Currently, many people, including financial analysts, money managers and individual investors, believe the stock market is due for a correction. Some of them are supporting their predictions with the the ....
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Words: 1484 - Pages: 6
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