Article Abstract:
Paul Samuelson says that the stock market has predicted seven of the last three recessions, so it is impossible to tell if the market can accurately predict economic recovery. Only the U.S. economy can stop or reverse the global economic slowdown, but it is unclear where the US economy is headed. For example, although car sales rose in October 2001, thanks to incentive programs, the carmakers continued to cut output and capacity utilization is now just 74.8%.
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Article Abstract:
The significance of a drop in stock prices in the aftermath of the terrorist attack on New York is examined in detail, with tentative forecasts for future stock price behavior.
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Article Abstract:
Stock price trends in the aftermath of the Sep 11 2001 terrorist attack in the US are examined in detail, with a focus on opportunities in Australia.
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