Grin and bear it
Article Abstract:
Wall Street is still considerably overvalued by most measures, and the decline in the Down Jones Industrial Average may therefore not be a negative trend. It appears that a bear market may be emerging, a positive development that would avoid the danger of the economy overheating and make investors aware that shares can be risky. If falling share prices did lead to a sharp decline in the US economy, many observers would hold the Federal Reserve responsible for not reducing interest rates sooner.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Business (cycle) as usual: like all good things, bull markets eventually come to an end
Article Abstract:
After rising to soaring heights since 1995, the bull market is beginning to slip in the wake of Alan Greenspan and the Federal Reserve Board's decision to raise interest rates. By April 2, 1997, shares on Wall St declined sharply by 7% compared with Mar 1997. Equity and bond prices have both fallen.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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Time to take stock: financial reform in Central Europe
Article Abstract:
Former communist countries in Europe have encountered problems in their efforts to emulate the capitalist economic models of the West. In their quest to overhaul their economies, the former communist nations have tried to create stockmarkets, but so far they have failed to thrive as expected.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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