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The Turbulence Of The Stock Markets

 
 
 
 
 
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In the last week of October 1997, the major stock markets
suffered a sharp fall in share prices. It started in Hong Kong,
moved to Japan, then to Europe and then on to America.The
fall moved in succession, from one country to another at the start
of the day in each country. The sharp drop was coupled with a
frenzied panic from a possible repeat of October 1987, when the
Dow-Jones Index in New York dropped by 22% in one single day,

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11/24/2008

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