Plunging stocks have triggered rarely used ‘circuit breakers’ that temporarily halt trading. A finance scholar explains what they are and the costs of shutting down markets.
Stock markets have plunged in recent months on concerns over Trump’s trade war and the possibility of a recession. An economist explains how stocks are like used cars – and lemons.
As the New York Stock Exchange marks 200 years since its official formation, investors are wondering whether the surging stock market is a ‘Trump bump’ or more like a lemon.
In a tweet that could represent US$110 million for every one of its 135 characters, Twitter last week announced that it would be following fellow social network providers Facebook and LinkedIn in becoming…