I recall in the 90's, the Korean economy had a meltdown. This affected other asian economies %26amp; took down asian markets. The u.s. market also went down in sympathy with other markets.
It would be nice if political events %26amp; economic events (in other parts of the world) did not affect one's local market. But in truth, it just doesn't work that way.|||Equity Markets around the world are independent of each other in principle. However, all of these markets are connected to each other in the commonality of the listings on their markets. The markets frequently react in unison because of world events and independly because of local events.
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