Dow Jones | The Corner .eu

World economy 20th October 2021

34 years on from “Black Monday”: The Dow Jones has a 90% accumulated appreciation since 2020 lows, but drawing parallels is difficult

Santander Corporate & Investment | Yesterday, Tuesday, marked the 34th anniversary of “Black Monday”. On Monday, 19th October, the Dow Jones slumped 508 points, or 23%, collapsing in the wake of a 44% rally at the peak of the year (August). All this happening after the economy went from a rapid recovery following the recession of the early ’80s to a “soft landing” from the end of 1985. The massive…

World economy 8th April 2020

To Compare The Crisis Of 1929 With Today’s Would Be Unfair…If It Doesn’t Drag On

Is the current economic crisis scenario caused by COVID-19 similar or different to the Great Depression of 1929? This question is answered in this note by John Plassard, investment specialist at Mirabaud. There are major differences between the two situations. Not only in terms of their nature, but with regard to the measures being taken today by governments, central banks and financial markets. That said, if the pandemic were to spread over time, that perspective could change.

Markets 3rd July 2014

Strong US jobs report stirs debate on Fed’s earlier move

MADRID | The Corner |“Yabadabadu!,” US economist Justin Wolfers exclaimed on his Twitter account. The strong jobs report (unemployment rate declined to near a six-year low of 6.1% and non-farm payrolls rose by 288,000 last month)was released on Thursday gave a shot of optimism over the strength of the job market’s recovery. The Dow broke 17,000 for the first time. Will all this have any influence on the Fed’s tapering plans?

Markets 13th March 2013

After 45 months of S&P 500 rises

MADRID | By Javier Flores, analyst at Asinver | The question, of course, is how long it will take for the curve to head downwards. No expansion lasts for ever.

Companies 20th September 2011

CaixaBank adds to Spain’s flame for socially responsible investing

Two Spanish supersector leaders, as Dow Jones and Sam call them, made it into this year’s Dow Jones Sustainability Index: they are Enagas and Repsol. If you have not heard about this list until now, here is a briefing: Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management…

Companies 20th September 2011

CaixaBank adds to Spain's flame for socially responsible investing

Two Spanish supersector leaders, as Dow Jones and Sam call them, made it into this year’s Dow Jones Sustainability Index: they are Enagas and Repsol. If you have not heard about this list until now, here is a briefing: Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management…