The fi nancial press tends to become excited when the Dow Jones Industrial Average rises or falls

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The fi nancial press tends to become excited when the Dow Jones Industrial Average rises or falls sharply. After a particularly steep rise or fall, newspapers may publish tables ranking the day’s results with other large advances or declines.

What do you think of such reporting? If you were asked to construct a table of the best and worst days in stock market history, how would you do it, and why?

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Related Book For  book-img-for-question

Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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