“You’re going to go through tough times – that’s life. But I say, ‘Nothing happens to you, it happens for you.’ See the positive in negative events.” – Joel Osteen
Sunday, 30 August 2015
Saturday, 29 August 2015
10 Greatest Speculative Economic Bubbles in History
An economic bubble is a very special financial term, generally known to average citizens. We all remember some interesting examples of financial bubbles from our history and economic lessons, such as Tulip Mania, where prices for tulips grew so inflated in the 17th century Holland, that people would sell their houses and livestock, to possess a bulb for a few days, with the intent to sell it for higher price in a short time frame. This rudimentary derivatives market worked great for a time, until, well, people realized, that the trading doesn't have any sound reasoning and some just refused to honor their contracts, resulting in the rows of bankruptcies. This economic fiasco ended the Dutch golden age, leading the economy into recession.
And there are some market bubbles, that have occurred only recently and is not just a funny legend, that we remember, but have probably left an impact on our wallet, as well as our mind, such as the US Sub Prime Mortgage Crises. Take a look at the infographic, designed to you by Infographic Design Services that illustrates all the famous economic bubbles in history, describing their causes, development and results for the economies.
And there are some market bubbles, that have occurred only recently and is not just a funny legend, that we remember, but have probably left an impact on our wallet, as well as our mind, such as the US Sub Prime Mortgage Crises. Take a look at the infographic, designed to you by Infographic Design Services that illustrates all the famous economic bubbles in history, describing their causes, development and results for the economies.
Source: http://www.visualistan.com/
Quote for the day
“Tight congestions in which a breakout occurs for reasons that nobody understands are usually good risk-reward trades.” - Bruce Kovner
Friday, 28 August 2015
Quote for the day
“I know several people who claim to have market insights during dreams. I think one of the functions of dreams is to reconcile information and feelings which the conscious mind finds intractable.” - Ed Seykota
Thursday, 27 August 2015
Quote for the day
“Don't trade until an opportunity presents itself. Knowing when to stay out of the markets is as important as knowing when to be in them.” - Mark Weinstein
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