DAY 4: The stock market rout may not be over: As investors pause for breath, we assess what could turn a correction into a crash Flashcards
Japan’s benchmark Topix share index had fallen by how much?
12%
Stock prices in South Korea and Taiwan had tanked by
9% and 8%
VIX index
measures how wildly traders expect share prices to swing
Lehman Brothers collapsed in what year
2008
What suggests that investors are selling assets to stay afloat?
The dropping of gold prices
S&P 500 index of large American firms was down by how much
3%
Japan’s Topix rose by how much?
9%
Half an hour after the opening bell was rung…
S&P 500 went up by 1%
What was the chaos triggered by? [2]
rapidly strengthening yen in the first case
evaporating euphoria over artificial intelligence in the next two.
Which orginisations enjoyed a rise on the day of the report jobs?
Johnson & Johnson, Procter & Gamble and UnitedHealth
a trading-strategy boss at Citigroup bank
Christian Raute
Why is the a drop according to christian raute?
professional investors have received a “tap on the shoulder” from above, ordering them to reduce their risk
Carry Trades
borrowing yen cheaply and using the proceeds to buy other assets
Which currency has grown at an astonishing speed?
The Japanese Yen
Archegos
a family office, in 2021, prompting fire-sales of its assets and losses for its banks stretching into the billions.
Which firms in the S&P 500 are still due to report their second-quarter earnings?
Walmart, Home Depot and Nvidia
What is the importance of Nvidia?
The fortunes on which AI investors depend
Inflation data released on August 14th will…
will hint at whether the Fed can indeed cut rates by 0.5 percentage points
