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Author:Taylor, A.
Title:The stock market What happened and what's next
Journal:Fortune
1987 : NOV.23, No.25, p.62-69
Index terms:MARKETS
USA
UNDERWRITING
Language:eng
Abstract:The impact on Wall Street following the collapse on October 14, the use of portfolio insurance to limit losses and rise in such insurance in recent years, and how foreign investors did not sell in force. How investors in other markets were unlucky. Inability of specialists to absorb blue-chip stocks and selling orders. The buying by the Federal Reserve Bank of New York. Portfolio insurance strategies. The arguments for a reform of the futures exchanges and the worry of investors over the safety of their accounts. A box gives the biggest losers in the crash.
SCIMA record nr: 68304
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