Factors Triggering the Market Crash on May 6th 2010
Not what you're looking for?
What factors may have triggered the market crash of May 6th (2010)?
Please explain in detail and include 2 references.
Purchase this Solution
Solution Summary
This solution discusses potential factors that triggered the market crash on May 6th 2010.
Solution Preview
The two factors most often pointed to are not fears of a debt crisis, not in Greece or anywhere else. Instead the cause may have been as simple as a typo, miss keying in the amount of shares to be traded. There is also the factor of computers taking over when markets rise or fall beyond the hundred day and two hundred day averages. A final factor might have been the undetermined reason for Proctor and Gamble's loss of value by as much as $22 on May 6th.
Looking at the market changes, investors and investment firms have computer algorithms that follow the markets. When things happen, ...
Purchase this Solution
Free BrainMass Quizzes
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Operations Management
This quiz tests a student's knowledge about Operations Management
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.