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Showing 1 - 4 of 4 results for "Wall Street crash"

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
The S&P 500 index closed at 2896.74 points at the end of last night's trading activity on Wall Street. Yes, Virginia, it's a new record high! Yippee-kay-yay and hallelujah! This is good for stock markets around the world, including Australia. ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
... which uses a ten-year average of profits, is 32.4; it has been higher only in September 1929 (just before the Wall Street crash) and during the dotcom bubble." But if investors are hearing these alarm bells, they don't appear to be listening. The VIX ...

A 1987-style crash cometh (again)

BENJAMIN ONG  |  MONDAY, 14 APR 2014
... there's more. On 13 February 2013, Yahoo Finance told us that the good doctor knew: "Marc Faber thinks 1987-style Wall Street crash coming this autumn if markets do not correct soon... when stocks rose 40 per cent into the summer only to crash 41 per ...

Australian economic fundamentals solid: Swan

CLAIRE MCGREAL  |  WEDNESDAY, 25 JAN 2012
... was taken, the world could slip into a "1930s moment", referencing the Great Depression sparked by the 1929 Wall Street crash. "A moment [which would] ultimately lead to a downward spiral that could very much engulf the entire world," she added. Despite ...
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