The year 2018 is behind us. And, if we were to describe its effect on the global economy in one word, then you’ll probably agree with us that turbulent fits it perfectly just by looking at the facts.
An endlessly ongoing trade war. Cannabis shares surging in price. Cryptocurrencies hitting record lows. A seemingly disjointed UK parliament failing to progress the Brexit negotiations. All these events sent mixed signals to investors and forced them to constantly re-update their portfolios in the hopes of catching up with the racing market trends.
Will the same thing happen in 2019? Let’s find out.
This time around we’ll examine 5 extra caseswhere the markets crashed not just under the hasty fingers of nervous traders, but also due to some serious malfunctions in the automated trading software that they used. Before we do that, however, we’ll attempt to address the question that’s probably swirling in your mind as we speak.
Abrupt market crashes, also known as “flash crashes”, are anything but new. And while their effect on the global economies is typically short-lived, there are instances where such downfalls can spark lengthy economic crises, similar to the Black Tuesday—the day that marked the beginning of the Great Depression.
But if history has taught us anything during all these years of trading it’s that sudden market dips are usually a byproduct of either boundless avarice or downright reckless behaviour. In this article, we’ll look into two real-life examples of how greed and carelessness nearly caused the markets to come to a grinding halt.
Depending on who you ask cannabis was, up until recently, one of two things—a medical drug or a laziness-inducing opiate. This all changed when Canada recently announced out of the blue that it’s going to legalise the recreational use of marijuana.
Suddenly, what was once an illegal substance has since become a highly sought-after asset for many professional investors and common folk alike as both attempt to cash in on a multibillion dollar business. But will this industry be here to stay?
After initial bouts of excitement preceding the most anticipated 2018 event for Apple fans, many were left largely disappointed by what the company had in store. Naturally, this sentiment was instantly picked up by the global markets and negatively impacted the company’s stocks.
Now that the latest Keynote is behind us, was the public’s response warranted and was its reaction to Apple’s 2017 event really any different?